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Public procurement of infrastructure has been subject to a long standing debate concerning the procurements' qualification requirements. Basically, it remains unclear what determines public procurement officers to vary procurements' qualification requirements. This research serves to elaborate...
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In procurement auctions, bidders are usually better informed about technical, financial, or legal aspects of the goods …
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This paper explores the impact of debarment as a deterrent of collusion in first-price procurement auctions. We develop … a procurement auction model where bidders can form bidding rings, and derive the bidding and collusive behavior under no …
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auctions has been dominated by record prices. Despite the financial potential of art auctions as well as the public and …, this thesis inspires marketing and pricing in other industries. …
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