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Auction Formats and Award Rules in Swedish Procurement Auctions
Umeå University, Faculty of Social Sciences, Centre for Regional Science (CERUM).
2005 (English)Report (Other academic)
Abstract [en]

This paper provides an empirical analysis of outcomes from Swedish procurement auctions given award criterion and auction format. The auctions are single unit first-price sealed bid auctions or its simultaneous counterpart, and contracts can be awarded to lowest bidder or in accordance with qualitative criteria. The empirical results provide no evidence of differences in winning bids depending on the auction format. The award rule on the other hand matters, a horizontal comparison show higher winning bids on contracts awarded to some other but the lowest bidder. The effect of bidder interaction and bidder identity is also considered.

Place, publisher, year, edition, pages
CERUM, Umeå , 2005. , 19 p.
Series
CERUM Working Paper, ISSN 1404-5362 ; 79
National Category
Economics
Identifiers
URN: urn:nbn:se:umu:diva-13814ISBN: 91-7305-846-7 (print)OAI: oai:DiVA.org:umu-13814DiVA: diva2:153485
Distributor:
Centrum för regionalvetenskap (CERUM), 90187, Umeå
Note
Published in Rivista di Politica Economica, ISSN 0035-6468 2006 Vol 96 no 1-2 pp 91-116. Changes may have been made to this work since it was submitted for publication.Available from: 2009-07-09 Created: 2009-07-08 Last updated: 2012-03-14Bibliographically approved

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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