Competition for Procurement Shares
Contribuinte(s) |
Universitat Rovira i Virgili. Departament d'Economia Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública |
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Data(s) |
2011
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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 | |
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 |