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Empirical Analysis Of Competition In Procurement Auctions


Empirical Analysis Of Competition In Procurement Auctions
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Empirical Analysis Of Competition In Procurement Auctions


Empirical Analysis Of Competition In Procurement Auctions
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Author : Janne Tukiainen
language : en
Publisher:
Release Date : 2008

Empirical Analysis Of Competition In Procurement Auctions written by Janne Tukiainen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.




Auctions Versus Negotiations In Procurement


Auctions Versus Negotiations In Procurement
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Author : Patrick L. Bajari
language : en
Publisher:
Release Date : 2003

Auctions Versus Negotiations In Procurement written by Patrick L. Bajari and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Building categories.


Should the buyer of a customized good use competitive bidding or negotiation to select a contractor? To shed light on this question, we offer a framework that compares auctions with negotiations. We then examine a comprehensive data set of private sector building contracts awarded in Northern California during the years 1995-2000. The analysis suggests a number of potential limitations to the use of auctions. Auctions perform poorly when projects are complex, contractual design is incomplete and there are few available bidders. Furthermore, auctions stifle communication between buyers and the sellers, preventing the buyer from utilizing the contractor's expertise when designing the project. Some implications of these results for procurement in the public sector are discussed



Empirical Analysis Of Procurement Auctions


Empirical Analysis Of Procurement Auctions
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Author : Cinthia Konichi Paulo
language : en
Publisher:
Release Date : 2016

Empirical Analysis Of Procurement Auctions written by Cinthia Konichi Paulo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.


The second chapter analyzes the phenomenon of jump bidding, when a bidder places a bid that is larger than necessary to outbid the current winning bid. Models that explain this type of behavior say that jump bidding arise as a signaling strategy to communicate strength to competitors. However, using a large dataset of procurement auctions that spans across different industries, the predictions of those models do not match the patterns observed in the data. I find that winners place smaller jumps on average, which contradicts the signaling strategy and suggests that jumps might not be monotonic in the bidders' valuations.



Empirical And Theoretical Analysis Of Public Procurement Auctions


Empirical And Theoretical Analysis Of Public Procurement Auctions
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Author : Jun Nakabayashi
language : en
Publisher:
Release Date : 2009

Empirical And Theoretical Analysis Of Public Procurement Auctions written by Jun Nakabayashi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Endogenous growth (Economics) categories.


Abstract: Spending approximately 10 percent of the gross domestic product (GDP), governments are the biggest buyer of goods and services for many countries. Sound public procurement policies and practices are essential not only to good governance, but also to a strong and stable economy. On the other hand, due to the fact that more than 99 percent of all businesses are small in most of the countries, the involvement of small businesses are vital for the governments seeking to establish competition, innovation and value for money in the delivery of public goods and services. In fact, small businesses are likely to be disadvantage in production costs and lack in knowledge of available contract opportunities. Moreover, since it naturally would fit better to the small businesses, many of them serve to government contracts as subcontractor. In this thesis, I analyze public procurement auctions both empirically and theoretically, focusing on the role and impact of small businesses in government procurement market.



The Role Of Buyer Power In Public Procurement Auctions


The Role Of Buyer Power In Public Procurement Auctions
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Author : Elon Strömbäck
language : en
Publisher:
Release Date : 2015

The Role Of Buyer Power In Public Procurement Auctions written by Elon Strömbäck and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.




Essays On Procurement Auctions


Essays On Procurement Auctions
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Author : Hidenori Takahashi
language : en
Publisher:
Release Date : 2015

Essays On Procurement Auctions written by Hidenori Takahashi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.




Competition In The Economic Crisis


Competition In The Economic Crisis
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Author : Klaus Gugler
language : en
Publisher:
Release Date : 2015

Competition In The Economic Crisis written by Klaus Gugler and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.




Empirical Perspectives On Auctions


Empirical Perspectives On Auctions
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Author : Ali Hortaçsu
language : en
Publisher:
Release Date : 2021

Empirical Perspectives On Auctions written by Ali Hortaçsu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with Auctions categories.


The empirical analysis of auction data has become a thriving field of research over the past thirty years. Relying on sophisticated models and advanced econometric methods, it addresses a wide range of policy questions for both public and private institutions. This chapter offers a guide to the literature by stressing how data features and policy questions have shaped research in the field. The chapter is organized by types of goods for sale and covers auctions of timber, construction and services procurement, oil and gas leases, online auctions, internet advertising, electricity, financial securities, spectrum, as well as used goods. It discusses the idiosyncrasies of each applied setting and the respective empirical findings.



Competition Endogeneity And The Winning Bid


Competition Endogeneity And The Winning Bid
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Author : Malathi Velamuri
language : en
Publisher:
Release Date : 2014

Competition Endogeneity And The Winning Bid written by Malathi Velamuri and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.


Using online auction data, we address the endogeneity involved in estimating the eff ect of the number of bidders on the winning bid. We introduce a novel instrumental variable. Our results indicate that the bias arising from treating the number of bidders as exogenous, is substantial.



Essays On Structural Analysis Of Procurement Auctions


Essays On Structural Analysis Of Procurement Auctions
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Author : Bin Yu
language : en
Publisher:
Release Date : 2007

Essays On Structural Analysis Of Procurement Auctions written by Bin Yu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with categories.


This dissertation addresses the empirical analysis of procurements based on the auction theory, which is known as the structural-form analysis of procurement auctions.