Showing 41 - 50 of 53,058
Collusion likely has adverse effects on social welfare. In this paper, we study collusion in the e-procurement market …
Persistent link: https://www.econbiz.de/10013222740
that might fail to deliver. The buyer conducts a procurement auction to determine contract suppliers and can choose between … plays an important role in procurement practice but attracted little attention in the academic analysis of procurement … auctions. Academic research on multi-sourcing procurement auction typically analyzes these auctions as stand-alone events. In …
Persistent link: https://www.econbiz.de/10013237722
This paper analyses the impact of favouritism and corruption in procurement auctions in an emerging economy. There are …
Persistent link: https://www.econbiz.de/10013290136
procurement. Our identification strategy leverages a legislative change in Italy that mandated centralized purchases for a sub …
Persistent link: https://www.econbiz.de/10013211973
In public sector procurement, social welfare often depends on the time taken to complete the contract. A leading …
Persistent link: https://www.econbiz.de/10012715281
Discriminatory programs that favor local and small firms in government procurement are common in many countries. This … paper studies the long-run impact of procurement discrimination on market structure and future competition in industries … where learning-by-doing makes incumbent firms more efficient over time. We consider a sequential procurement design problem …
Persistent link: https://www.econbiz.de/10013315854
Public procurement contracts (PPCs) of goods, services and works is about one tenth of global gross domestic product …
Persistent link: https://www.econbiz.de/10013321732
The paper studies competition for the market in a setting where incumbents (and, to a lesser extent, neighboring incumbents) benefit from a cost advantage. The paper first compares the outcome of staggered and synchronous tenders, before drawing the implications for market design. We find that...
Persistent link: https://www.econbiz.de/10012414922
We consider a budget-constrained mechanism designer who selects an optimal set of projects to maximize her utility. A project's cost is private information and its value for the designer may vary. In this allocation problem, the selection of projects - both which and how many - is endogenously...
Persistent link: https://www.econbiz.de/10011633851
Procurement auctions that assume independent private values (IPV) provide a benchmark for analysis that is readily … expected quantities sold and selling prices of some endogenous-quantity procurement auction formats. The resulting equilibrium …
Persistent link: https://www.econbiz.de/10011582261