Collusion-Proof Procurement Policies Eliminate Information Rents for Suppliers
The article looks at how much info should be shared when one person needs to pick between two suppliers who might work together against them. One supplier's costs are known, but the other's are private. Sharing too much could help them team up, but sharing too little makes it hard to figure out the hidden info. The best strategy is to share some but not all the info. With this approach, neither supplier gets an unfair advantage.