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In government procurement auctions of construction contracts, entrants are typically less informed and bid more … encourage entry in government procurement auctions and thus increase competition …
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auction formats in public procurement. The difference-in-differences strategy used exploits a data set of auctions for public …
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In procurement auctions, there are situations where a bidder's cost is uncertain at the time of bidding, leading to a … winner's curse also affects entry, which can have serious implications for procurement costs and efficiency. We find that the …
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set of Utah construction procurement auctions during the years 1969-2003. The analysis suggests that entrants bid more …
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