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Damages are formally part of the arsenal of remedies that an aggrieved bidder in a public procurement procedure may use in most jurisdictions, such as the EU, the US and Israel. It is also required by the WTO Agreement on Government Procurement. This remedy could have a critical role to play...
Persistent link: https://www.econbiz.de/10013064223
Public procurement is officially regarded as an effective means to secure environmental improvement. Estimates by the European Commission indicate that public authorities within the European Union typically purchase goods and services corresponding to approximately 16 percent of GNP per annum....
Persistent link: https://www.econbiz.de/10013068101
We study the effect on cost overruns of auction formats (average bid as opposed to first price rule) conditional on the entry mechanisms (open as opposed to restricted participation).The dataset is a panel of auctions held in the Italian Veneto region between 2004 and 2006. It includes small...
Persistent link: https://www.econbiz.de/10013068303
We investigate how the functioning of public procurement is affected by the time politicians have stayed in office. We match a data set on public procurement auctions by Italian municipalities to a data set on the politics of municipal governments. For each municipality, we relate the mayor's...
Persistent link: https://www.econbiz.de/10013068891
We study differently framed incentives in dynamic laboratory buyer-seller relationships with multi-tasking and endogenous matching. The experimental design tries to mitigate the role of social preferences and intrinsic motivation. Absent explicit incentives, effort is low in both tasks. Their...
Persistent link: https://www.econbiz.de/10013070449
This paper stresses the negative impact that the excessive levels of transparency imposed by public procurement rules can have on competition for public contracts and, more generally, on the likelihood of cartelisation of the markets where public procurement takes place. The paper critically...
Persistent link: https://www.econbiz.de/10013073111
This paper develops 30 novel quantitative indicators of grand corruption that operationalize 20 distinct techniques of corruption in the context of public procurement. Each indicator rests on a thorough qualitative understanding of rent extraction from public contracts by corrupt networks as...
Persistent link: https://www.econbiz.de/10013075333
With a view to reducing the consequences of corruption in public procurement, many governments have introduced debarment of suppliers found guilty of corruption and some other forms of crime. This paper explores the market effects of debarment on public procurement. Debarment is found to make...
Persistent link: https://www.econbiz.de/10013015220
We empirically investigate the effect of entrants and incumbents on the efficiency of public procurement auctions. We use a unique data set that covers all Turkish public procurement auctions for the years 2004 to 2010. We find that procurement prices of auctions won by entrants are...
Persistent link: https://www.econbiz.de/10012962913
We present an easy-to-implement method to identify the optimal number of bidders in public procurement auctions. We examine a unique data set that covers all government procurement auctions comprising more than half a million observations. We show that there is an optimal number of bidders at...
Persistent link: https://www.econbiz.de/10012963523