procurement contract by setting a reserve price below her opportunity cost for realizing the project. In this paper, we first … interdependence among suppliers' production costs and the risk of collusion in the procurement market. The paper also discusses how … the buyer can foster the participation of new entrants or Small and Medium Enterprises in the procurement market …

market structure and procurement design. We discuss the relationship between the number of lots, participation, competition …, and potential collusion in competitive procurement, and propose two simple indices that allow to evaluate how competition … the level of competition in the long run. We discuss how current procurement design may affect entry and exit of firms …

screening and litigation on entry and bidding using a unique data set on highway construction procurement auctions in Poland …

We consider sealed and open-bid total-cost procurement auctions where two attributes are used for contract award … seeks to minimize her total (price and quality adjustment) procurement cost, can choose to announce the quality adjustment … additive as well as multiplicative total cost functions. The results suggest that procurement managers can use their …

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

Infrastructure costs in the United States are high and rising. The procurement process is one potential cost driver. In … this paper we conduct a survey of procurement practices across the 50 states. We survey both employees at each state … able to create a new dataset of procurement rules and practices across the U.S. and understand what actors on the ground …

Aftermarket social welfare is largely determined by a procurement auction design. Auctions select firms for operating … aftermarket social welfare generated by first-price and second-price procurement auctions. It reveals that the social welfare …-price procurement auctions are welfare-equivalent. When it increases (or decreases) with price, first-price (or second-price) auctions …

highway construction procurement auctions in Poland. The market exhibits a screening method that ex post selects eligible …

procurement. Our identification strategy leverages a legislative change in Italy that mandated centralized purchases for a sub …