-ladder' bid prices for a US defense split-award procurement …

counterfactual study shows that choosing a type-specific cost-minimizing reserve price marginally reduces the procurement cost …

Adverse selection in procurement arises when low-cost bidders are also lowquality suppliers. We propose a mechanism …. We perform a counterfactual experiment on Italian government procurement auctions: we compute the gain that the … procurement mechanism. …

As procurement auctions increasingly move to digital platforms, more data and information is available (or can be made … mirrors real construction procurement auctions, our laboratory experiment tests the impact of the precision of a bidder’s cost … reduced uncertainty may not help – raises important questions about the degree of transparency that is optimal in procurement …