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data between 2008 and 2018. For construction auctions, we also rely on bid-level data to inform a regression discontinuity …
Persistent link: https://www.econbiz.de/10012672144
Persistent link: https://www.econbiz.de/10014485581
A set-aside restricts participation in procurement contests to targeted firms. Despite being widely used, its effects on actual competition and contract outcomes are ambiguous. We pool a decade of US federal procurement data to shed light on this empirical question using a two-stage approach. To...
Persistent link: https://www.econbiz.de/10013282669
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
-level. This study exploits sealed-bid PPC auctions of construction works, discontinuity in bidders' win margin and firms' daily …
Persistent link: https://www.econbiz.de/10012627848
The innovation of construction procurement by means of electronic reverse auctions is a controversial subject of … concerning the adoption and use of electronic reverse auctions in the light of specific features of the construction industry. A … on mutual interaction of electronic reverse auctions and long-term effects on construction project outcomes. …
Persistent link: https://www.econbiz.de/10012168678
We compare two commonly used mechanisms in procurement: auctions and negotiations. The execution of the procurement …
Persistent link: https://www.econbiz.de/10010342227
We consider a budget-constrained mechanism designer who selects an optimal set of projects to maximize her utility. A project's cost is private information and its value for the designer may vary. In this allocation problem, the selection of projects - both which and how many - is endogenously...
Persistent link: https://www.econbiz.de/10011491761
Cost overrun is ubiquitous in public procurement. We argue that this can be the result of a constraint optimal award procedure when the procurer cannot commit not to renegotiate. If cost differences are more pronounced for more complex designs, it is optimal to fix a simple design ex ante and to...
Persistent link: https://www.econbiz.de/10011447525
government procurement auctions for the years 2004–2006. First, after controlling for possible endogeneity, we show that the … environment significantly decreases procurement costs in Turkey. Second, when auctions are open to foreign participation, the …
Persistent link: https://www.econbiz.de/10013114144