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Using a regression discontinuity design, we document the effect of publicizing a procurement auction on entry and … winning rebates compared to auctions that are publicized on the notice board of the public administration managing the auction …
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In government procurement auctions of construction contracts, entrants are typically less informed and bid more aggressively than incumbent firms. This bidding behavior makes them more susceptible to losses affecting their prospect of survival. In April of 2000, the Oklahoma Department of...
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though the fees themselves implicitly reduce competition at the auction stage. We also highlight that admission fees and … and Klemperer (1996) that market thickness often takes precedence over market power in auction design …
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