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contract awarding, exploiting an experiment run by a firm which introduced a new vendor rating system scoring suppliers' past …
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Purchase decisions in B2B are often conducted by a buyer, who is not the user of the product, but is accountable to make the right choice. So far, research on how accountability in B2B settings affects reactions to assortments is sparse. The purpose of this paper is to extend this research and,...
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. We study behavior and performance in this procurement format using a laboratory experiment. Sellers closely follow the … such procurement is an English auction followed by an auctioneer's option to engage in ultimatum bargaining with the winner …
Persistent link: https://www.econbiz.de/10013098499
We investigate the impact of using a clear scoring rule in a sealed bid multi-dimensional (A+B) procurement auction, as … frequently used in government procurement. The central procurement agency in Chile (ChileCompra) asked for help to understand how … concealing the scoring rule affected buyers. Using an experiment, we analyze the effect of transparently communicating the …
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In procurement auctions, bidders are usually better informed about technical, financial, or legal aspects of the goods … and services procured. Therefore, the buyer may include a dialogue in the procurement procedure which enables the … and in a laboratory experiment. Our theoretical results suggest that in a setting where the buyer and the suppliers have …
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of price competition on contract execution. We analyze a unique experiment run by a large utility company in Italy which … suppliers, are long-lasting (for at least 10 years after the initial experiment) and are reflected in higher service quality by …
Persistent link: https://www.econbiz.de/10012979373
prevent an opponent from learning private information. This paper reports a laboratory experiment that investigates if actual … bidders account for this trade-off, using a sequential procurement auction with private cost information and varying …
Persistent link: https://www.econbiz.de/10012951295