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Persistent link: https://www.econbiz.de/10014321821
This research shows that auction duration and description are two essential auction design parameters that function as screening mechanisms for bidder quality on popular online outsourcing platforms that use buyer-determined reverse auctions in order to find service providers. Using data from a...
Persistent link: https://www.econbiz.de/10012921914
E-procurement platforms facilitate transactions between suppliers and buyers from all over the world. Over time, suppliers and buyers may develop familiarity from prior experience with earlier transactions. The literature has established that prior experience leads to better project performance....
Persistent link: https://www.econbiz.de/10014109707