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 …

To estimate demand for labor, we use a combination of detailed employment data and the outcomes of procurement auctions …, and compare the employment of the winner of an auction with the employment of the second ranked firm (i.e. the runner …-up firm). Assuming similar ex-ante winning probabilities for both firms, we may view winning an auction as an exogenous shock …

-price, sealed-bid, procurement auction with two-dimensional-type bidders. With corruption, we assume that the quality of the bidders … and bribe decrease in the number of bidders. Moreover, we show that in this auction with corruption, quality is randomly … chosen, constraining efficiency. In fact, no mechanism can be efficient in this auction. The empirical study suggests that …

In this paper, we test for the existence of a common component in agricultural land auctions in eastern Germany during … the price boom 2007-2018 and discuss respective policy implications. Using a large, detailed dataset of auctions, we can …. We derive a new approach to disentangle valuations from observed and unobserved heterogeneity across auctions. For …

We compare beauty contests with first-price sealed-bid and scoring auctions, using data on public procurement of … cleaning services in Swedish municipalities. The lowest submitted and winning bids are similar in all auction designs despite a … higher price sensitivity of procurement bureaucrats in scoring (and first-price) auctions. There is more entry in beauty …

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

We describe the economics literature on auction markets, with an emphasis on the connection between theory, empirical …

through an open auction. Works below this threshold can be more easily awarded through a restricted auction, where the buyer … capital and judicial efficiency in the region of the public buyers running the auctions …