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Designing innovation contests for diversity
Letina, Igor; Schmutzler, Armin - 2015 - Revised version, December 2015
This paper analyzes the design of innovation contests when the quality of an innovation depends on the research approach of the supplier, but the best approach is unknown. Diversity of approaches is desirable because it generates an option value. In our main model with two suppliers, the buyer...
Persistent link: https://www.econbiz.de/10011410264
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Improving the estimation of probability of bidder participation in procurement auctions
Ballesteros-Pérez, Pablo; Skitmore, Martin; Pellicer, … - In: International journal of project management : the … 34 (2016) 2, pp. 158-172
Persistent link: https://www.econbiz.de/10011445372
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Designing institutions for diversity
Letina, Igor; Schmutzler, Armin - 2015
This paper analyzes the design of innovation contests when the quality of an innovation depends on the research approach of the supplier, but the best approach is unknown. Diversity of approaches is beneficial because of the resulting option value. An auction induces the social optimum, while a...
Persistent link: https://www.econbiz.de/10011297657
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Limited capacity in project selection : competition through evidence production
Boleslavsky, Raphael; Cotton, Christopher - In: Economic theory : official journal of the Society for … 65 (2018) 2, pp. 385-421
Persistent link: https://www.econbiz.de/10011949089
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Reputation, competition, and entry in procurement
Spagnolo, Giancarlo - In: International journal of industrial organization 30 (2012) 3, pp. 291-296
Persistent link: https://www.econbiz.de/10009658237
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Preserving the benefits of competition through effective competition bidding rules for utility resource procurement
Makler, Alexandre B.; Schleimer, Steven S. - In: The electricity journal 16 (2003) 6, pp. 27-36
Persistent link: https://www.econbiz.de/10001771476
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Competition for Procurement Shares
Alcalde, José - 2011
We propose a new procurement procedure which allocates shares of the total amount to be procured depending on the bids … of suppliers. Among the properties of the mechanism are:(i) Bidders have an incentive to participate in the procurement …, procurement expenditures might be lower than under a classical auction format …
Persistent link: https://www.econbiz.de/10013122719
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Competition in Procurement Auctions with Corruption
Li, Daniel Z. - 2016
We study the effects of corruption on equilibrium competition and social welfare in a first-price public procurement …
Persistent link: https://www.econbiz.de/10012999794
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Competitive bidding in drug procurement : evidence from China
Cao, Shengmao; Yi, Xuejie; Yu, Chuan - 2022
Persistent link: https://www.econbiz.de/10012817421
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Robust screens for noncompetitive bidding in procurement auctions
Chassang, Sylvain; Kawai, Kei; Nakabayashi, Jun; … - In: Econometrica : journal of the Econometric Society, an … 90 (2022) 1, pp. 315-346
Persistent link: https://www.econbiz.de/10012821683