Silva, Dakshina De; Kosmopoulou, Georgia; Pagel, Beatrice; … - In: Review of Industrial Organization 42 (2013) 3, pp. 321-343
We provide a comparison of bidding behavior between multi-round and single-round auctions considering bid lettings for asphalt construction contracts that are known to have primarily private costs. Using a reduced-form difference-in-difference approach as well as the nonparametric estimation...