-friendly technologies to foster their use. We assume that, before the auction, firms may switch to green technology via a publicly …

insignificant. -- competition for the market ; liberalization ; passenger railways ; procurement auctions …In Germany, competitive franchising is increasingly being used to procure passenger railway services that were … and more recent auctions. Other controls such as contract duration and the adjacency to other lines run by entrants are …

data between 2008 and 2018. For construction auctions, we also rely on bid-level data to inform a regression discontinuity …

Drawing on the real-options theory we analyse bidding behaviour in a sealed-bid-first-score procurement auction where …

The innovation of construction procurement by means of electronic reverse auctions is a controversial subject of … concerning the adoption and use of electronic reverse auctions in the light of specific features of the construction industry. A … the study indicate that studies are addressing especially five main areas, i.e., suitability of electronic reverse auction …

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. …

auction with an additional buyer is conducted. The theoretical model predicts that with risk neutral agents all sales take … place in the auction rendering the negotiation prior to the auction obsolete. An experimental test of the model provides …

Several Japanese local governments started to add endogenous minimum prices to firstprice auctions in their public … first-price auction which do not have any minimum price. We find that winning prices of this new institution (i) coincide … with the ones of the standard first-price auction and are close to the production cost under our identical cost condition …

-price dimensions after the auction. Both auctions theoretically implement the surplus maximizing mechanism. Our experiment confirms …In this note, we experimentally examine the relative performance of price-only auctions and multi-attribute auctions … this result. Moreover, we observe that the “pie” is shared the same in both auctions between buyer and suppliers both in …

strategies. We derive the class of optimal mechanisms and show that it has a deferred acceptance auction representation. This … feature guarantees an implementation with a descending clock auction. Only in the case of symmetric projects do price clocks …