umu.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Design of public procurement auctions: evidence from cleaning contracts
University of Jyväskylä, School of Business and Economics.
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Economics.
Aalto University & KU Leuven, Faculty of Business and Economics (FBE); CEPR.
2018 (English)In: The Rand Journal of Economics, ISSN 0741-6261, E-ISSN 1756-2171, Vol. 49, no 2, p. 398-426Article in journal (Refereed) Published
Abstract [en]

We analyze a regime change from beauty contests to first‐price sealed‐bid and scoring auctions, using Swedish data on public procurement of cleaning services. In beauty contests, the lowest bid often lost, leaving substantial money on the table. The procurement costs were similar before and after the regime change: (i) Entry strongly decreases the procurement cost but did not change. Entry would have decreased had the municipalities not adjusted the objects of auctions. (ii) Municipalities favored in‐house suppliers in the old regime, leading to more aggressive bidding by others. With favoritism reduced, these changes balanced each other out.

Place, publisher, year, edition, pages
Wiley-Blackwell, 2018. Vol. 49, no 2, p. 398-426
Keyword [en]
Auction, bidding, regulation, procurement, first-price sealed bid auction, economically most advantageous tender, public contracts, purchasing
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:umu:diva-147520DOI: 10.1111/1756-2171.12232OAI: oai:DiVA.org:umu-147520DiVA, id: diva2:1203889
Available from: 2018-05-04 Created: 2018-05-04 Last updated: 2018-06-09Bibliographically approved

Open Access in DiVA

No full text in DiVA

Other links

Publisher's full text

Authority records BETA

Lundberg, Sofia

Search in DiVA

By author/editor
Lundberg, Sofia
By organisation
Economics
In the same journal
The Rand Journal of Economics
Economics

Search outside of DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 35 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf