Pacini, Riccardo; Spagnolo, Giancarlo; Zanza, Matteo - In: Rivista di Politica Economica 98 (2008) 4, pp. 149-194
The number and the size of lots influence the degree of competition in a tendering procedure mainly through two channels, both related to the market structure: the number of participants and their bidding behaviour. This paper discusses the relation between lots, participation, competition and...