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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...
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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
This paper investigates the strategies of a data broker in selling information to one or to two competing firms that can price-discriminate consumers. The data broker can strategically choose any segment of the consumer demand (information structure) to sell to firms that implement third-degree...
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