Silva, Dakshina G. De; Kosmopoulou, Georgia; Pagel, Beatrice - Düsseldorf Institute for Competition Economics (DICE), … - 2012
We provide a comparison of bidding behavior between multi-round and single-round auctions considering bid lettings for asphalt construction contracts that are known to have primarily private costs. Using a reduced-form differenc-in-difference approach as well as the nonparametric estimation...