Public agencies mainly rely on two modes to procure goods and services: auctions and direct negotiations. We study a … 1994 policy change in Germany that introduced the possibility to procure rail services in auctions as well as in direct … negotiations with the incumbent. We analyze the effect of the procurement mode on service frequency and procurement price. Our …

passenger railway services in Germany, where regional agencies can use auctions and negotiations to procure regional passenger …Public agencies rely on two key modes to procure goods and services: auctions and direct negotiations. The relative … direct negotiations. Taken together, these results indicate a significant efficiency enhancing effect of auctions …

passenger railway services in Germany, where regional agencies can use auctions and negotiations to procure regional passenger … effect of auctions. -- Auctions ; Negotiations ; liberalization ; passenger railways ; public procurement …Public agencies rely on two key modes to procure goods and services: auctions and direct negotiations. The relative …

passenger railway services in Germany, where regional agencies can use auctions and negotiations to procure regional passenger …Public agencies rely on two key modes to procure goods and services: auctions and direct negotiations. The relative … legal framework. We first characterize the decisions of the agency in a simple reduced form framework of negotiations and …

In Germany, competitive franchising is increasingly being used to procure passenger railway services that were … and more recent auctions. Other controls such as contract duration and the adjacency to other lines run by entrants are …

insignificant. -- competition for the market ; liberalization ; passenger railways ; procurement auctions …In Germany, competitive franchising is increasingly being used to procure passenger railway services that were … and more recent auctions. Other controls such as contract duration and the adjacency to other lines run by entrants are …

back to an abuse of the auction’s pay-as-bid mechanism by the two largest firms. In contrast to theoretical findings, we …We analyze a drastic price increase in the German auction market for reserve power, which did not appear to be driven … behavior in an environment with repeated auctions, pivotal suppliers and inelastic demand. The price increase can be traced …

The third generation UMTS auction in Germany raised an enormous amount of revenue, and at the same time achieved a more … competitive market structure than other UMTS auctions in Europe. The present paper explains the design of that auction, and … presents a game theoretic explanation of observed events during the crucial phase of that auction, which have puzzled several …