This note contains the equilibrium bid functions for two types of common-value procurement auctions: 1) a procurement … auction in which bids represent an enforceable contract; 2) a procurement auction in which, upon learning the true cost of …

procurement outcomes in a large database for public works in Italy. Works with a value above a given threshold have to be awarded … that the same firm wins repeatedly, and it does not deteriorate (and may improve) the procurement outcomes we observe. The …

Governmental agencies use score procurement auctions to incorporate other attributes beyond price in their purchase …-attribute procurement, where bids are evaluated using a preannounced quasi-linear score, calculated on the basis of the submitted levels of …

We review different kinds of corruption that have been observed in procurement auctions and categorize them. We discuss …

model the procurement problem as a sealed-bid auction where the buyer has to allocate purchases between an expensive but …

Public procurement contracts (PPCs) of goods, services and works is about one tenth of global gross domestic product …

In procurement auctions, there are situations where a bidder's cost is uncertain at the time of bidding, leading to a … winner's curse also affects entry, which can have serious implications for procurement costs and efficiency. We find that the …

The paper analyses the impact of incompetence and corruption in procurement auctions. The government plans to build a … public good of a certain quality. To implement this plan the government conducts a procurement auction where a firm that …

This paper analyses the impact of favouritism and corruption in procurement auctions in an emerging economy. There are …

Public procurement contracts (PPCs) of goods, services and works is about one tenth of global gross domestic product …