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Efficiency of the reversed first-price sealed bid auctions with a dynamic run-off : results of experiments

Kuśmierczyk, Paweł - In: Central European journal of economic modelling and … 7 (2015) 3, pp. 151-167

Persistent link: https://www.econbiz.de/10011429888

Optimal cost overruns : procurement auctions and renegotiation

Herweg, Fabian; Schwarz, Marco A. - 2016 - This version: March 18, 2016

a simple design initially enhances competition in the auction. Moreover, the procurer cannot benefit from using a multi …-dimensional auction, as the optimal scoring rule depends only on the price. …

Persistent link: https://www.econbiz.de/10011447525

Public procurement and supplier job creation : insights from auctions

Srhoj, Stjepan; Dragojević, Melko - 2021 - This draft October 4, 2021

Public procurement contracts (PPCs) of goods, services and works is about one tenth of global gross domestic product. Much research has been conducted on government spending and its aggregate effects, but evidence is scarce at the micro-level. This study exploits sealed-bid PPC auctions of...

Persistent link: https://www.econbiz.de/10012627848

Public procurement and supplier job creation: insights from auctions

Srhoj, Stjepan; Dragojević, Melko - 2021

Persistent link: https://www.econbiz.de/10012792788

Catalyzing Mass Production of Solar Photovoltaic Cells Using University Driven Green Purchasing

Pearce, Joshua M. - 2014

Purpose: This paper explores the use of the purchase power of the higher education system to catalyze the economy of scale necessary to ensure market competitiveness for solar photovoltaic electricity. Design/methodology/approach: The approach used here was to first determine the demand...

Persistent link: https://www.econbiz.de/10014172349

Innovation Contests with Entry Auction

Giebe, Thomas - 2010

effort and private information. We compare two procurement mechanisms where potential sellers first bid in an auction for …-price auction. We characterize Bayesian Nash equilibria such that both mechanisms are payoff-equivalent and induce the same efforts … and innovations. In these equilibria, signaling in the entry auction does not occur since contestants play a simple …

Persistent link: https://www.econbiz.de/10010334102