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Jofre-Bonet, Mireia; Pesendorfer, Martin - 2021

estimation method to repeated highway construction procurement auctions in the state of California between May 1996 and May 1999 …

Persistent link: https://www.econbiz.de/10013217920

Auctions Versus Negotiations in Procurement : An Empirical Analysis

Bajari, Patrick; McMillan, Robert Stanton; Tadelis, Steven - 2021

this question, we offer a framework that compares auctions with negotiations. We then examine a comprehensive data set of … potential limitations to the use of auctions. Auctions perform poorly when projects are complex, contractual design is … incomplete and there are few available bidders. Furthermore, auctions stifle communication between buyers and the sellers …

Persistent link: https://www.econbiz.de/10013214580

Detection of Bid Rigging in Procurement Auctions

Porter, Robert H.; Zona, J. Douglas - 2022

This paper examines bidding in auctions for state highway construction contracts on Long Island in the early 1980s, in … collusive scheme. The paper looks at differences in behavior between ring members and non-members. In these auctions, collusio …

Persistent link: https://www.econbiz.de/10013310562

Industry Evidence on the Effects of Government Spending

Nekarda, Christopher J. - 2010

government demand raise output and hours, but lower real product wages and productivity. Markups do not change as a result of …

Persistent link: https://www.econbiz.de/10013147606

What the Government Purchases Multiplier Actually Multiplied in the 2009 Stimulus Package

Cogan, John F. - 2010

Much of the recent economic debate about the impact of stimulus packages has focused on the size of the crucial government purchases multiplier. But equally crucial is the size of the government purchases multiplicand--the change in government purchases of goods and services that the multiplier...

Persistent link: https://www.econbiz.de/10013136548

Moral Hazard, Incentive Contracts and Risk : Evidence from Procurement

Lewis, Gregory - 2011

Deadlines and penalties are widely used to incentivize effort. We model how these incentive contracts affect the work rate and time taken in a procurement setting, characterizing the efficient contract design. Using new micro-level data on Minnesota highway construction contracts that includes...

Persistent link: https://www.econbiz.de/10013117563

The WTO Government Procurement Agreement and its Impacts on Trade

Chen, Hejing - 2011

This paper assesses the impacts of the WTO Government Procurement Agreement (GPA) on trade in both goods and services among members using a gravity model applied to a panel dataset covering 20 OECD countries over the period 1996-2008 for trade in goods and 1999-2008 for trade in services. The...

Persistent link: https://www.econbiz.de/10013120994

Third-Party Opportunism and the Nature of Public Contracts

Moszoro, Marian W. - 2012

The lack of flexibility in public procurement design and implementation reflects public agents' political risk adaptation to limit hazards from opportunistic third parties - political opponents, competitors, interest groups - while externalizing the associated adaptation costs to the public at...

Persistent link: https://www.econbiz.de/10013096138

The Impact of City Contracting Set-Asides on Black Self-Employment and Employment

Chatterji, Aaron - 2014

In the 1980s, many U.S. cities initiated programs reserving a proportion of government contracts for minority-owned businesses. The staggered introduction of these set-aside programs is used to estimate their impacts on the self-employment and employment rates of African-American men. Black...

Persistent link: https://www.econbiz.de/10013064362

Public Procurement and the Private Supply of Green Buildings

Simcoe, Timothy - 2014

We measure the impact of municipal policies requiring governments to construct green buildings on private-sector adoption of the U.S. Green Building Council's Leadership in Energy and Environmental Design (LEED) standard. Using matching methods, panel data, and instrumental variables, we find...

Persistent link: https://www.econbiz.de/10013065448

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