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procurements. Any bid less than the endogenous minimum price is referred to as abnormally low and is excluded from the procurement … our different cost condition when subjects’ identifications and all their bids are revealed. -- Public procurement ; First …
Persistent link: https://www.econbiz.de/10003921759
bids or to some lowest bids. Any bid lower than the EMP is considered abnormally low and is excluded from the procurement …
Persistent link: https://www.econbiz.de/10014207223
We consider the problem of allocating objects to a group of agents and how much agents should pay. Each agent receives at most one object and has non-quasi-linear preferences. Non-quasi-linear preferences describe environments where payments influence agents' abilities to utilize objects or...
Persistent link: https://www.econbiz.de/10010773117
We consider the allocation problem of assigning heterogenous objects to a group of agents and determining how much they should pay. Each agent receives at most one object. Agents have non-quasi-linear preferences over bundles, each consisting of an object and a payment. Especially, we focus on...
Persistent link: https://www.econbiz.de/10011564952
We consider the problem of allocating objects to a group of agents and how much agents should pay. Each agent receives at most one object and has non-quasi-linear preferences. Non-quasi-linear preferences describe environments where payments influence agents' abilities to utilize objects or...
Persistent link: https://www.econbiz.de/10011599546
Consider the problem of allocating objects to agents and how much they should pay. Each agent has a preference relation over pairs of a set of objects and a payment. Preferences are not necessarily quasi-linear. Non-quasi-linear preferences describe environments where payments influence agents'...
Persistent link: https://www.econbiz.de/10011421509
This paper analyzes an auction mechanism that excludes overoptimistic bidders inspired by the rules of the procurement …
Persistent link: https://www.econbiz.de/10010332235
procurements. Any bid less than the endogenous minimum price is referred to as abnormally low and is excluded from the procurement …
Persistent link: https://www.econbiz.de/10010332267
We consider situations where a society tries to efficiently allocate several homogeneous and indivisible goods among agents. Each agent receives at most one unit of the good. For example, suppose that a government wishes to allocate a fixed number of licenses to operate in its country to private...
Persistent link: https://www.econbiz.de/10010332345
We consider the problems of allocating several heterogeneous objects owned by governments to a group of agents and how much agents should pay. Each agent receives at most one object and has nonquasi-linear preferences. Nonquasi-linear preferences describe environments in which large-scale...
Persistent link: https://www.econbiz.de/10010332480