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Participation of small businesses in the market for public contracts is widely recognized as a key policy issue. It is also commonly held that the adoption of e-procurement solutions can be effective in pursuing such an objective. To this end, we analyze the transactions completed in the period...
Persistent link: https://www.econbiz.de/10005230899
from auction alternatives in recent years, despite significantly lower costs in both direct fees and initial underpricing … when using the auction mechanism. This paper shows that in the French market, where the frequency of book-building and …
Persistent link: https://www.econbiz.de/10005570254
We analyze the welfare consequences of an increase in the commissions charged by the organizer of an auction … of tax incidence in consumer economics. We argue, however, that auction markets deserve a separate treatment. Indeed we …
Persistent link: https://www.econbiz.de/10005570265
We study auction design when parties cannot commit themselves to the mechanism. The seller may change the rules of the … commit to the English auction. Typically the converse also holds, the English auction is the only stable auction mechanism. …
Persistent link: https://www.econbiz.de/10005570289
-of-sample predictive ability. Even after taking breaks into account, evidence that the price of ethanol drives the price dynamics of the …
Persistent link: https://www.econbiz.de/10010633230
ethanol and agricultural price returns, little is known about their whole distributions. We focus on predictability in …
Persistent link: https://www.econbiz.de/10010833952
The paper studies the impact of ethnic diversity on social participation of young people. We first propose a theoretical model in which the agents choose between structured and unstructured social activities by taking into account the ethnic composition of the groups they join. We test our...
Persistent link: https://www.econbiz.de/10008502098
This paper carries out an investigation into the socio-economic determinants of couples’ childbearing decisions in Italy. Since having children is in most cases a “couple matter”, the analysis accounts for the characteristics of both the possible parents. Our results do not support...
Persistent link: https://www.econbiz.de/10008465534
Besides other determinants environmental regulation, institutions like environmental agencies and social customs lead to a demand for environmental goods and services. On the basis of the public choice theory it can be shown that environmental regulation is endogenous and can be influenced by...
Persistent link: https://www.econbiz.de/10005423120
This article focuses on the economic valuation of alternative clam management practices in the Venice Lagoon. The proposed valuation method is characterized by the design of a survey questionnaire next to the fishermen population. In each questionnaire two fishing alternatives are described. The...
Persistent link: https://www.econbiz.de/10005423185