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Scoring Auctions with Non-Quasilinear Scoring Rules

Dastidar, Krishnendu Ghosh - 2014

In this paper we analyse scoring auctions with general non-quasilinear scoring rules. We assume that cost function of each firm is additively separable in quality and type. In sharp contrast to the recent results in the literature we show the following. (i) Equilibria in scoring auctions can be...

Persistent link: https://www.econbiz.de/10013052249

Optimal Cost Overruns : Procurement Auctions and Renegotiation

Herweg, Fabian - 2016

a simple design initially enhances competition in the auction. Moreover, the procurer cannot benefit from using a multi …-dimensional auction, as the optimal scoring rule depends only on the price …

Persistent link: https://www.econbiz.de/10012993698

Optimal discounts in Green Public Procurement

Chiappinelli, Olga; Seres, Gyula - 2021

-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

Procuring survival

Cappelletti, Matilde; Giuffrida, Leonardo M. - 2021

Public spending (i.e., “G”) enables governments to fulfill their fiscal policies. This paper takes a micro perspective and quantifies the impact of procurement spending - a specific component of G - on firm survival. We find that firms that receive public contracts survive longer, ceteris...

Persistent link: https://www.econbiz.de/10012672144

Split-Award Auctions and Supply Disruptions

Fugger, Nicolas; Laitenberger, Ulrich - 2021

that might fail to deliver. The buyer conducts a procurement auction to determine contract suppliers and can choose between … auctions. Academic research on multi-sourcing procurement auction typically analyzes these auctions as stand-alone events. In … contrast, we investigate the influence of the auction design on the post-auction market structure and identify an effect …

Persistent link: https://www.econbiz.de/10013237722

Anticompetitive practices on public procurement : evidence from Brazilian electronic biddings

Sampaio, Adilson; Figueiredo, Paulo; Puzon, Klarizze … - 2022

Using big data from the Brazilian public procurement system, this research aims to investigate what factors are associated with the occurrence of anticompetitive practices in electronic bidding. Our analysis considers all services contracted between 2014 and 2017. The study uses the logit...

Persistent link: https://www.econbiz.de/10013191294

Probabilistic Procurement Auctions

Giebe, Thomas - 2013

ratio offered is selected as the winner of the auction. We model the decision process as based on a general noisy ranking of …

Persistent link: https://www.econbiz.de/10013078958

An unsuccessful reform on the local public contracts law in Korea

Hwang, Sunjoo - In: KDI-journal of economic policy 43 (2021) 3, pp. 55-77

In Korea, local governments and local agencies had to apply a version of the first price auction augmented by an ex …-post screening process when they procure construction contracts. However, this first price auction had been criticized because it was … auction method was recently replaced by a version of the average price auction with a similar screening process. This paper …

Persistent link: https://www.econbiz.de/10012643490

Public Procurement and Supplier Job Creation : Insights from Auctions

Srhoj, Stjepan - 2021

Public procurement contracts (PPCs) of goods, services and works is about one tenth of global gross domestic product. Much research has been conducted on government spending and its aggregate effects, but evidence is scarce at the micro-level. This study exploits sealed-bid PPC auctions of...

Persistent link: https://www.econbiz.de/10013321732

Split-award auctions and supply disruptions

Fugger, Nicolas; Laitenberger, Ulrich - 2020 - This version: December 21, 2020

Persistent link: https://www.econbiz.de/10012388963