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An experimental study of Japanese procurement auctions with endogenous minimum prices

Akai, Kenju; Saijō, Tatsuyoshi; Serizawa, Shigehiro - 2009

procurements. Any bid less than the endogenous minimum price is referred to as abnormally low and is excluded from the procurement … first-price auction which do not have any minimum price. We find that winning prices of this new institution (i) coincide … with the ones of the standard first-price auction and are close to the production cost under our identical cost condition …

Persistent link: https://www.econbiz.de/10003921759

Solving truckload procurement auctions over an exponential number of bundles

Chen, Richard Li-yang; AhmadBeygi, Shervin; Cohn, Amy; … - In: Transportation science : a journal of the Institute for … 43 (2009) 4, pp. 493-510

Persistent link: https://www.econbiz.de/10003922683

Does number of suppliers matter for purchasing performance? : evidence from online-assisted reverse auctions

S̆trach, Pavel; Z̆elezny, Josef - 2011

Persistent link: https://www.econbiz.de/10009373769

Communication and reputation in procurement auctions : some empirical evidence

Heinrich, Timo - In: Economics letters 114 (2012) 2, pp. 164-167

Persistent link: https://www.econbiz.de/10009547328

Procuring commodities : first-price sealed-bid or English auctions?

Shachat, Jason M.; Wei, Lijia - In: Marketing science : the marketing journal of the … 31 (2012) 2, pp. 317-333

Persistent link: https://www.econbiz.de/10009548693

On optimal bidding in sequential procurement auctions

Katehakis, Michael N.; Puranam, Kartikeya S. - In: Operations research letters 40 (2012) 4, pp. 244-249

Persistent link: https://www.econbiz.de/10009558952

Project modifications and bidding in highway procurement auctions

De Silva, Dakshina G.; Dunne, Timothy; Kosmopoulou, Georgia - 2015

This paper examines bidding behavior in a setting where post-bid-letting project modifications occur. These modifications change both the costs and payouts to the winning contractor, making the contract incomplete. Recent empirical research shows that bidders incorporate the likelihood of such...

Persistent link: https://www.econbiz.de/10011397241

Information policies in procurement auctions with heterogeneous suppliers

Colucci, Domenico; Doni, Nicola; Valori, Vincenzo - In: Journal of economics 114 (2015) 3, pp. 211-238

Persistent link: https://www.econbiz.de/10010514581

Renegotiation of public contracts : an empirical analysis

Decarolis, Francesco; Palumbo, Giuliana - In: Economics letters 132 (2015), pp. 77-81

Persistent link: https://www.econbiz.de/10011431382

Common-value procurement auctions with renegotiation

Baltaduonis, Rimvydas; Rentschler, Lucas - In: Theoretical economics letters 4 (2014) 8, pp. 619-622

Persistent link: https://www.econbiz.de/10010531316