A study on the collusive tendering from the viewpoint of game theory

摘要

A qualitative discussion about a difference between Collusive Tendering and Cartel was presented. The viewpoint was principally on the Game Theory. It was deducted that the game was defined as the Deer Hunting or the Prisoners Dilemma according to the pay-off. This fact leads to a possible provisions to prevent the Collusive Tendering and Cartel in a qualitative stage