. Enterprises embarking on a reverse auction initiative often start with their commodity purchases. We conduct laboratory … sealed bid auction and has the same symmetric Nash equilibrium. However, the request for quote allows identification of … strategies in the sell auction counterpart. Consequently we estimate that one-fourth of the subjects follow a simple mark-up rule …

message space as an open outcry English auction (descending because this is a procurement auction.) However, the auction is …The use of dynamic auctions is a major component in many enterprises' e-procurement initiatives. In the case where … submitted bid. The reverse auction has immerged as the most commonly adopted dynamic auction for this setting. In a reverse …

We study procurement auctions in which, as is common in practice, a group of sellers (incumbents, qualified bidders) is … for any given first price handicap auction, there is a simple second-price design which dominates it. This generalizes a … previous result for the case of an auction with one insider and one outsider (Mares and Swinkels in J Econ Theory, <CitationRef …

Procurement auctions often involve quality considerations as a determinant of the final outcome. When qualities are the …

We study a model of procurement auctions in which information policies can be used to treat two heterogeneous suppliers …

We study a model of procurement auctions in which information policies can be used to treat two heterogeneous suppliers …

equilibrium behavior in asymmetric auctions. We apply these tools to studying procurement auctions in which, as is common in … which for any given first price handicap auction, there exists a superior second price auction with bonuses. …

these two procedures in the context of a procurement contract awarded by a first-price sealed-bid auction. We assume that …Allotment and subcontracting are the two procedures enabling small businesses to participate in procurement. We compare …

In this paper, we investigate interaction between two firms engaged in a repeated procurement relationship modelled as … a multiple criteria auction, and an auctioneer (a government employee) who has discretion in devising the selection … criteria. A first result is that, in a one-shot context, favoritism turns the asymmetric information (private cost) procurement …