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Will procurement officials be biased to disregard procurement rules in favor of a low-priced, Albeit defective, bid?

Dekel, Omer; Dotan, Yoav - In: Review of law and economics : publ. in cooperation with … 14 (2018) 2, pp. 1-30

Persistent link: https://www.econbiz.de/10011929014

Cognitive Biases in Government Procurement – An Experimental Study

Dekel, Omer - 2015

exposed to the bid prices, a systematic bias occurs that gives an unjust advantage to the lower bidder. We term this the Lower …-Bid Bias. It is then shown that this bias can be neutralized by splitting the evaluation process into two stages, whereby bid … this bias is undesirable and suggest a mandatory rule, requiring two-stage CB for any competitive public procurement based …

Persistent link: https://www.econbiz.de/10013021362

Procurement with unforeseen contingencies

Herweg, Fabian; Schmidt, Klaus M. - 2017

Persistent link: https://www.econbiz.de/10011770710

Procurement with unforeseen contingencies

Herweg, Fabian; Schmidt, Klaus M. - 2017 - This version: October 15, 2017

The procurement of complex projects is often plagued by large cost overruns. One important reason for these additional costs are flaws in the initial design. If the project is procured with a price-only auction, sellers who spotted some of the flaws have no incentive to reveal them early. Each...

Persistent link: https://www.econbiz.de/10011762526

Procurement with unforeseen contingencies

Herweg, Fabian; Schmidt, Klaus M. - In: Management science : journal of the Institute for … 66 (2020) 5, pp. 2194-2212

Persistent link: https://www.econbiz.de/10012234786

Big G

Cox, Lydia - 2020

"Big G" typically refers to aggregate government spending on a homogeneous good. In this paper, we open up this construct by analyzing the entire universe of procurement contracts of the US government and establish five facts. First, government spending is granular, that is, it is concentrated...

Persistent link: https://www.econbiz.de/10012836206

Big G

Cox, Lydia - 2020

“Big G" typically refers to aggregate government spending on a homogeneous good. In this paper, we open up this construct by analyzing the entire universe of procurement contracts of the US government and establish five facts. First, government spending is granular, that is, it is concentrated...

Persistent link: https://www.econbiz.de/10012837518

Big G

Cox, Lydia; Müller, Gernot J.; Pastén, Ernesto; … - 2022

Big G typically refers to aggregate government spending on a homogeneous good. In this paper, we open up this construct by analyzing the entire universe of procurement contracts of the US government and establish five facts. First, government spending is granular, that is, it is concentrated in...

Persistent link: https://www.econbiz.de/10013321645

Big G

Cox, Lydia - 2020

Persistent link: https://www.econbiz.de/10012481991

Big G

Cox, Lydia; Müller, Gernot J.; Pasten, Ernesto; … - 2020

Persistent link: https://www.econbiz.de/10012231535

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