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Procurement Bidding in First-Price and Second-Price Sealed Bid Common Value Auctions

Lunander, Anders - 1999

Within the framework of the common value model, we examine the magnitude of the difference in expected outcome between first-price and second-price sealed bid auctions. The study is limited to two empirical specifications of bidders' signals: Weibull and normal distribution. The optimal bid...

Persistent link: https://www.econbiz.de/10010321779

Auctions vs negotiations in public procurement: Which works better?

Lalive, Rafael; Schmutzler, Armin - 2011

advantages of these two modes are still imperfectly understood. This paper therefore studies public procurement of regional … rail services. This offers the unique opportunity to assess the two procurement modes within the same institutional and … auctions. This analysis suggests accounting for the endogeneity of the choice of procurement mode by estimating the mode of …

Persistent link: https://www.econbiz.de/10010316858

Prices and Constant Quality Price Indexes for Multi-Dwelling and Commercial Buildings in Sweden

Berg, Lennart - 2001

The purpose of this paper is to estimate constant quality price trends and analysing factors determining market prices for MDCBs (multi-dwelling and commercial buildings) in Sweden. We use high quality data for housing and municipality attributes and our database consists of almost 8500...

Persistent link: https://www.econbiz.de/10010321787

Real estate prices in the Republic of Macedonia

Stojanova, Biljana Davidovska; Jovanovic, Branimir; … - 2008

Persistent link: https://www.econbiz.de/10011785340

New flight regimes and exposure to aircraft noise: Identifying housing price effects using a ratio-of-ratios approach

Boes, Stefan; Nüesch, Stephan - 2009

In October 2003, a new flight regime was introduced at Zurich airport that significantly changed the levels of noise pollution in surrounding communities. We investigate the impact of the new flight policy on apartment prices using a hedonic price model and a non-linear difference-in-differences...

Persistent link: https://www.econbiz.de/10010315487

The role of landscape amenities in regional development: A survey of migration, regional economic and hedonic pricing studies

Waltert, Fabian; Schläpfer, Felix - 2007

Quality of life factors continue to gain importance in residential location decisions as well as location decisions of firms. One such factor is an attractive local landscape. The aim of this paper is to provide a survey of the empirical literature on the role of landscape amenities in local...

Persistent link: https://www.econbiz.de/10010315587

Valuing urban accessibility and air quality in Sweden: A regional welfare analysis

Li, Chuan-Zhong; Isacsson, Gunnar - 2009

This paper is concerned with the implicit values of urban accessibility and air quality in Sweden. Based on the hedonic wage and rent theory, we construct an econometric model to compute such values, and illustrate their implications for regional sustainability analysis. It is shown that for...

Persistent link: https://www.econbiz.de/10010321401

The effects of a refinery on property values: The case of Sweden

Winstrand, Jakob - 2009

This study estimates the impact of the non-aesthetic view and odor caused by Preemraff, a refinery on the Swedish west coast, on house values in the surrounding area. To carry out the analysis a spatial hedonic house price model was applied to transaction data for the period 1994 - 1996,...

Persistent link: https://www.econbiz.de/10010321460

The impact of city contracting set-asides on black self-employment and employment

Chatterji, Aaron K.; Chay, Kenneth Y.; Fairlie, Robert W. - 2013

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/10010369494

Transparency in government procurement

Hoda, Anwarul; Bansal, Suchi - 2004

Persistent link: https://www.econbiz.de/10011807539

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