Competition for Procurement Shares


Autoria(s): Alcalde, José; Dahm, Matthias
Contribuinte(s)

Universitat Rovira i Virgili. Departament d'Economia

Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública

Data(s)

2011

Resumo

We propose a new procurement procedure which allocates shares of the total amount to be procured depending on the bids of suppliers. Among the properties of the mechanism are: (i) Bidders have an incentive to par- ticipate in the procurement procedure, as equilibrium payoffs are strictly positive. (ii) The mechanism allows to vary the extent to which affirma- tive action objectives, like promoting local industries, are pursued. (iii) Surprisingly, even accomplishing affirmative action goals, procurement ex- penditures might be lower than under a classical auction format. Keywords: Procurement Auction, Affirmative Action. JEL: C72, D44, H57

Formato

40

669518 bytes

application/pdf

Identificador

http://hdl.handle.net/2072/169682

Idioma(s)

eng

Relação

Documents de treball del Departament d'Economia;2011-13

Direitos

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Palavras-Chave #Jocs no-cooperatius (Matemàtica) #33 - Economia
Tipo

info:eu-repo/semantics/workingPaper