The first part of the paper reports the results from a sequence of laboratory experiments comparing the bidding behavior for multiple contracts in three different sealed bid auction mechanisms; first-price simultaneous, first-price sequential and first-price combinatorial bidding. The design of...

Since 2011, very significant developments have occurred in the procurement and contracting of bus services in major Australian cities. After many years of ‘grandfathering’ (continuing rollover of negotiated contracts with long-established private operators), competitive tendering has been...

Regulating bidder participation in auctions can potentially increase efficiency compared to standard auction formats with free entry. We show that the relative performance of two such mechanisms, a standard first-price auction with free entry and an entry rights auction, depends...

We study competitive awarding procedures of short haul railway passenger services in Germany from 1995 to 2011 by means of a newly collected data set. In particular, we use regression techniques to investigate the determinants of the number of bidders, the identity of the winning bidder and the...

Regulating seaports is difficult in general, even more so for the weak regulatory institutions common in developing countries. For this reason some countries have awarded these facilities via Demsetz auctions, to the port operator that bids the lowest cargo-handling fee. A major concern with...

After deregulation in 1980, competitive pressures forced the large U.S. freight railroads to restructure. Much attention has focused on defensive (cost-cutting) restructuring: until 2004 employment was reduced by 60%, and railroads abandoned many of their lines. Less attention has been given to...

This paper examines the determinants of truck accidents in the United States using a time series data set covering the period 1970-2001. Econometric models are developed and subjected to a set of specification error tests so as to increase the probability of selecting models which are...

This article presents an econometric analysis of the maintenance costs for the Austrian railway system. The data contain observations of track maintenance costs from 1998 to 2000. Our analysis identifies the cost driving factors in order to determine estimates of marginal costs, as required by...

This paper analyzes the performance of the European railway sector in the period of deregulation (1990-2005). Using a stochastic frontier panel data model that controls for unobserved heterogeneity a multiple-output multiple input distance function model is estimated in order to evaluate the...

Dix entreprises de chemins de fer africains sont comparees entre elles au moyen de trois methodes multicriteres: Electre I, Promethee II, Judges. Les 25 criteres de premier niveau retenus sont regroupes d'abord en 8 familles capturant chacune un objectif de deuxieme niveau. L'efficacite du...