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Will procurement officials be biased to disregard procurement rules in favor of a low-priced, Albeit defective, bid?
Dekel, Omer; Dotan, Yoav - In: Review of law and economics : publ. in cooperation with … 14 (2018) 2, pp. 1-30
Persistent link: https://www.econbiz.de/10011929014
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Behavioral biases among producers : experimental evidence of anchoring in procurement auctions
Ferraro, Paul J.; Messer, Kent D.; Shukla, Pallavi; … - In: The review of economics and statistics 106 (2024) 5, pp. 1381-1392
Persistent link: https://www.econbiz.de/10015073190
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Cognitive biases and design effects in experimental auctions : an application to GM rice with health benefits
Steur, Hans de; Vanhonacker, Filiep; Feng, Shuyi; Shi, … - In: China agricultural economic review : publ. in … 6 (2014) 3, pp. 413-432
Persistent link: https://www.econbiz.de/10011339620
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Procurement with unforeseen contingencies
Herweg, Fabian; Schmidt, Klaus M. - 2017
Persistent link: https://www.econbiz.de/10011770710
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Procurement with unforeseen contingencies
Herweg, Fabian; Schmidt, Klaus M. - 2017 - This version: October 15, 2017
The procurement of complex projects is often plagued by large cost overruns. One important reason for these additional costs are flaws in the initial design. If the project is procured with a price-only auction, sellers who spotted some of the flaws have no incentive to reveal them early. Each...
Persistent link: https://www.econbiz.de/10011762526
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Procurement with unforeseen contingencies
Herweg, Fabian; Schmidt, Klaus M. - In: Management science : journal of the Institute for … 66 (2020) 5, pp. 2194-2212
Persistent link: https://www.econbiz.de/10012234786
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Decision-making in complex and uncertain environments : experimental studies in behavioral economics
Moser, Johannes - 2019
Persistent link: https://www.econbiz.de/10012172728
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Going... going... wrong : a test of the level-k (and cognitive hierarchy) models of bidding behaviour
Rasooly, Itzhak - 2022
Persistent link: https://www.econbiz.de/10012805408
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Cognitive Dissonance, Confirmatory Bias and Inadequate Information Processing : Evidence from Experimental Auctions
Cao, Jessica (Ying); Just, David; Turvey, Calum G.; … - 2017
confirmatory bias, this study shows that consumers tend to inadequately process (food safety) information, pay limited attention to … was revealed to consumers. Confirmatory bias was supported by findings that those who made an earlier commitment were more …
Persistent link: https://www.econbiz.de/10014133499
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Split-award procurement auctions : can Bayesian equilibrium strategies predict human bidding behavior in multi-object auctions?
Bichler, Martin; Güler, Kemal; Mayer, Stefan - In: Production and operations management : an international … 24 (2015) 6, pp. 1012-1027
Persistent link: https://www.econbiz.de/10011296723