Literature overview discusses economic models and impacts of market factors on public procurement collusion.
The paper presents a brief overview of theoretical and empirical literature on collusion in public procurement. We discuss the main economic models of collusion, the impact of market factors on the appearance and sustainability of collusion, and the ways of hindering collusion in the public procurement through different stages of the procurement cycle. We also describe the main empirical and econometric models of detecting and classifying collusion in the public procurement.
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Светлана Пивоварова (2009) studied this question.
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