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[eng] Awarding Contracts According to the Best Bids in Economic Terms by Florence Naegelen . This article examines problems arising from the criterion for determining the best bids in tenders where the quality of products can be observed. The optimum procedure is one where bidders can provide...
Persistent link: https://www.econbiz.de/10010978016
[spa] El arbitraje calidad-precio en los procedimientos de licitación, . Florence Naegelen.. . En numerosos casos, para atribuir los contratos públicos es preciso comparar las ofertas transmitidas por las empresas utilizando un criterio que intègre la calidad y el precio propuestos. En el...
Persistent link: https://www.econbiz.de/10010978508
[eng] Dutch type auctions, used to sell fruits and vegetables, are special resources allocation procedures. In this article, we study the mechanism properties through the bidding theory methods. The Dutch auction is often preferred to other allocation procedures for several reasons: it's an...
Persistent link: https://www.econbiz.de/10008595005
[fre] La malédiction du vainqueur dans les procédures d'appels d'offres. . La malédiction du vainqueur, évoquée en particulier dans le cas clé l'attribution des concessions d exploitations pétrolières, est un phénomène spécifique aux appels d'offres destinés à attribuer un bien à...
Persistent link: https://www.econbiz.de/10008626284
Persistent link: https://www.econbiz.de/10006032823
Persistent link: https://www.econbiz.de/10007926442
When the seller has only incomplete information about the agents' willingness to pay for the good up for sale, under the hypothesis of risk neutraly, an optimal auction does not lead to the full appropriation of the surplus by the seller when the agents' evaluations are independent. This result...
Persistent link: https://www.econbiz.de/10005065936
This paper considers the optimality of setting a secret reserve price in ascending auctions. Contrary to intuition, an ascending auction is no longer equivalent to a second price auction when the reserve price is secret. We determine the seller's optimal reserve price policy when the bidders'...
Persistent link: https://www.econbiz.de/10005178529
In this paper, we consider the implementation of the optimal procurement auction outcome when there is a trade-off between price and quality for the buyer. The quality proposals of the competing firms are assumed to be exogenous and common knowledge. After defining the optimal auction, we...
Persistent link: https://www.econbiz.de/10005596592
[fre] L'objet de cet article est d'évaluer sur la base d'arguments théoriques et de politique industrielle les différentes procédures d'attribution de licences du spectre hertzien. Après un historique des méthodes utilisées, nous comparons les procédures de sélection comparative et...
Persistent link: https://www.econbiz.de/10008613799