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Design of Public Procurement Auctions : Evidence from Cleaning Contracts

Hyytinen, Ari - 2015

We compare beauty contests with first-price sealed-bid and scoring auctions, using data on public procurement of … higher price sensitivity of procurement bureaucrats in scoring (and first-price) auctions. There is more entry in beauty … contests, by firms favored in them. Reduced entry into the scoring and price only auctions largely explains why the procurement …

Persistent link: https://www.econbiz.de/10013028436

Renegotiation of Public Contracts : An Empirical Analysis

Decarolis, Francesco - 2019

We exploit a large dataset of contracts for public works awarded in Italy between 2000 and 2007 to document two empirical facts about time and cost renegotiations. First, although both types of renegotiations are systematic, their correlation is nearly zero. Second, several factors typically...

Persistent link: https://www.econbiz.de/10012860648

Effects of government spending on employment : evidence from winners and runners-up in procurement auctions

Gugler, Klaus; Weichselbaumer, Michael; Zulehner, Christine - 2018

To estimate demand for labor, we use a combination of detailed employment data and the outcomes of procurement auctions …,000 auctions in Austria in the time period 2006 until 2009. Our main results show that the winning firm significantly increases …

Persistent link: https://www.econbiz.de/10011854110

Court Efficiency and Procurement Performance

Coviello, Decio - 2014

Disputes over penalties for breach of contract are often solved in court. A simple model shows how inefficient courts may induce public buyers to refrain from enforcing penalties for late delivery to avoid litigation, inducing sellers to delay. Using a large dataset on Italian public...

Persistent link: https://www.econbiz.de/10013050577

Decentralization and Public Procurement Performance : New Evidence from Italy

Olga, Chiapinelli - 2017

We exploit a new dataset based on EU procurement award notices to investigate the relationship between the degree of centralization of public procurement and its performance. We focus on the case of Italy, where all levels of government, along with a number of public institutions, are involved...

Persistent link: https://www.econbiz.de/10012941781

Corruption risk and education at regional level

Tóth, István János; Hajdu, Miklós - 2023

In this study, we investigate the correlation between corruption risk and the level of education in European sub-national regions (NUTS2 level) between 2006 and 2020 in 16 member countries. We use the data of Tenders Electronic Daily (TED) covering the parameters of 6,766,274 public procurement...

Persistent link: https://www.econbiz.de/10014452501

Chapter 32 An Empirical Perspective on Auctions

Hendricks, Ken; Porter, Robert H. - In: Handbook of industrial organization : volume 3, (pp. 2073-2143). 2007

We describe the economics literature on auction markets, with an emphasis on the connection between theory, empirical practice, and public policy, and a discussion of outstanding issues. We describe some basic concepts, to highlight some strengths and weaknesses of the literature, and so...

Persistent link: https://www.econbiz.de/10014024584

Comparing open and sealed bid auctions : theory and evidence from timber auctions

Athey, Susan; Levin, Jonathan; Seira, Enrique - 2004

We study entry and bidding patterns in sealed bid and open auctions with heterogeneous bidders. Using data from U ….S. Forest Service timber auctions, we document a set of systematic effects of auction format: sealed bid auctions attract more … extends the theory of private value auctions with heterogeneous bidders to capture participation decisions, that can account …

Persistent link: https://www.econbiz.de/10011607074

Bureaucratic rents and life satisfaction

Lüchinger, Simon (contributor); Meier, Stephan (contributor) - 2006

The monopoly position of the public bureaucracy in providing public services allows government employees to acquire rents. Those rents can involve higher wages, monetary and non-monetary fringe benefits (e.g. pensions and staffing), and/or bribes. We propose a direct measure to capture the total...

Persistent link: https://www.econbiz.de/10003278945

How does depreciations management affect subsequent fiscal performance? : the case of the Swiss cantons

Clémenceau, Maxime; Soguel, Nils - In: Swiss journal of economics and statistics 154 (2018) 1, pp. 1-15

Creative accounting allows governments and, more particularly, finance ministers to somehow manage financial reports to achieve specific and possibly self-interested goals. It is usually used to hide deficits. It sometimes also helps to present financial performance as being more worrisome than...

Persistent link: https://www.econbiz.de/10011963006