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passenger railway services in Germany, where regional agencies can use auctions and negotiations to procure regional passenger … effect of auctions. -- Auctions ; Negotiations ; liberalization ; passenger railways ; public procurement …Public agencies rely on two key modes to procure goods and services: auctions and direct negotiations. The relative …
Persistent link: https://www.econbiz.de/10009739139
We compare two commonly used mechanisms in procurement: auctions and negotiations. The execution of the procurement … an intransparent negotiation yields a higher buyer surplus than a transparent auction for a range of parameters. In …
Persistent link: https://www.econbiz.de/10010342227
We compare two commonly used mechanisms in procurement: auctions and negotiations. The execution of the procurement …. -- corruption ; auctions ; negotiations ; public procurement … - that an intransparent negotiation yields a higher buyer surplus than a transparent auction for a range of parameters. In …
Persistent link: https://www.econbiz.de/10009689581
Persistent link: https://www.econbiz.de/10009491242
In procurement auctions, bidders are usually better informed about technical, financial, or legal aspects of the goods … question of the value added of letting the sourcing process consist of both an auction and a negotiation stage, theoretically … auction is beneficial to the buyer compared to no communication and ex-ante communication. In a setting where the buyer and …
Persistent link: https://www.econbiz.de/10012167341
Persistent link: https://www.econbiz.de/10009310973
Aftermarket social welfare is largely determined by a procurement auction design. Auctions select firms for operating … aftermarkets, and auctions may also impose restrictions on aftermarket prices the winner can charge. This paper compares … aftermarket social welfare generated by first-price and second-price procurement auctions. It reveals that the social welfare …
Persistent link: https://www.econbiz.de/10014446446
The paper analyzes the excess entry hypothesis for sealed-bid first-price public procurement auctions. The hypothesis is … on the bids. Sequential search is a superior strategy to a public procurement auction whether or not the procurer imposes …
Persistent link: https://www.econbiz.de/10012023925
-level. This study exploits sealed-bid PPC auctions of construction works, discontinuity in bidders' win margin and firms' daily …
Persistent link: https://www.econbiz.de/10012627848
-friendly technologies to foster their use. We assume that, before the auction, firms may switch to green technology via a publicly …
Persistent link: https://www.econbiz.de/10012671868