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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. …

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

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Coordination in the fight against collusion

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Auctions with a minimum requirement of bids

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