procurement in the public sector are discussed …

"per install" basis--plays a major role in the mix and characteristics of auction winners, and, consequently, in their … number of such users. The distortion becomes worse as the auction gets more competitive and the number of bidders increases …

This paper proposes an estimation method for a repeated auction game under the presence of capacity contraints. The … estimation method to repeated highway construction procurement auctions in the state of California between May 1996 and May 1999 … asymmetry, the auction can be inefficient. Based on the estimates of costs, we quantify efficiency losses …

bid on most jobs. The apparent role of ring meetings prior to the auction was to designate a serious bidder, and its bid …

timber auctions, the Forest Service publicly announces its estimates of the tract characteristics before the auction, and …

customer bids, and dealers observing customer bid can predict the auction cutoff price better. Customers also respond …

have a fixed end time. A natural experiment is available because the auctions on Amazon, while operating under otherwise … passed without a bid. The strategic differences in the auction rules are reflected in the auction data by significantly more … about ending the auction playing an important role …

We conduct a laboratory experiment to study a decentralized market where goods are differentiated and evaluations are … performance to the benchmark scenario of a sealed-bid auction. We show that bargaining dramatically improves efficiency, mainly to …

In public sector procurement, social welfare often depends on the time taken to complete the contract. A leading …