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 …

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 …This paper proposes an estimation method for a repeated auction game under the presence of capacity contraints. The …

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

procurement audits on public entities' choice of purchase procedures in Chile. While the national procurement legislation tries to … promote the use of more transparent and competitive auctions rather than discretionary direct contracts for selection of … suppliers, auctions are significantly more complex and the audit protocol mechanically leads to more scrutiny and a higher …

In public sector procurement, social welfare often depends on the time taken to complete the contract. A leading … departments have introduced innovative contracting methods based on scoring auctions that give contractors explicit time …

of the switch from price-only to price-and-rating auctions. Across the 136 parameters scored, overall compliance improves … receiving a higher weight in the announced scoring auction. Prices do not significantly change overall, but we find some …

This paper tests whether demand shocks affect firm dynamics. We examine whether firms that win government procurement … procurement contracts over the period of 2004 to 2010. Exploiting a quasi-experimental design, we find that winning at least one … of this persistence comes from firms participating and wining more future auctions, as well as penetrating other markets …

resources on low quality projects at year's end. We test these predictions using data on procurement spending by the U …

There is a great deal of late bidding on internet second price auctions. We show that this need not result from either … private value auctions. The reason is that very late bids have a positive probability of not being successfully submitted, and … this opens a way for bidders to implicitly collude, and avoid bidding wars, in auctions such as those run by eBay, which …