Showing 1 - 9 of 9
This paper investigates symmetric equilibria in first- and second-price auctions with multidimensional types. The constructed model mirrors the information structure of actual procurement auctions. We demonstrate by a counterexample that symmetric and continuous type distribution is not a...
Persistent link: https://www.econbiz.de/10012942842
We consider a Green Public Procurement setting where the procurer provides a bid discount to environment-friendly technologies to foster their use. We assume that, before the auction, firms may switch to green technology via a publicly observable costly investment. We show that investment acts...
Persistent link: https://www.econbiz.de/10012668195
Persistent link: https://www.econbiz.de/10012010821
The third chapter, co-authored with Gyula Seres, delves into the efficiency of mechanism design in the field of public procurement auctions. Using a novel dataset with public contracts for highway construction in Poland, we analyze effects of screening, i.e. rejections of offers that do not...
Persistent link: https://www.econbiz.de/10011992484
Procuring authorities frequently use screening in order to mitigate risky bids. This study estimates the effect of bid screening and litigation on entry and bidding using a unique data set on highway construction procurement auctions in Poland. The market exhibits a screening method that ex...
Persistent link: https://www.econbiz.de/10014106107
Procuring authorities frequently use screening to mitigate default risk. However, eliminating bidders reduces competition and may discourage entry. This study estimates the effect of screening and litigation using a unique data set on highway construction procurement auctions in Poland. The...
Persistent link: https://www.econbiz.de/10013324374
Persistent link: https://www.econbiz.de/10015075474
We consider a Green Public Procurement setting where the procurer provides a bid discount to environment-friendly technologies to foster their use. We assume that, before the auction, firms may switch to green technology via a publicly observable costly investment. We show that investment acts...
Persistent link: https://www.econbiz.de/10012671868
Persistent link: https://www.econbiz.de/10001562063