Flambard, Véronique; Lasserre, Pierre; Mohnen, Pierre - In: Canadian Journal of Economics 40 (2007) 1, pp. 245-277
Using semi-parametric and non-parametric estimation techniques, we infer cost distributions and informational rents from 457 bids for snow removal contracts offered for tender by the City of Montreal between 1990 and 1998. Bids and costs have decreased over the sample period, while rents...