Construction Procurement Auctions: Do Entrant Bidders Employ More Aggressive Strategies than Incumbent Bidders?
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DOI: 10.1007/s11151-011-9318-4
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Cited by:
- Carnehl, Christoph & Weiergraeber, Stefan, 2023. "Bidder asymmetries in procurement auctions: Efficiency vs. information – Evidence from railway passenger services," International Journal of Industrial Organization, Elsevier, vol. 87(C).
- Wenjun Wang, 2023. "Can experience mitigate precautionary bidding? Evidence from a quasi-experiment at an IPO auction," Journal of Asset Management, Palgrave Macmillan, vol. 24(2), pages 148-163, March.
- Iossa, Elisabetta & Waterson, Michael, 2019.
"Maintaining competition in recurrent procurement contracts: A case study on the London bus market,"
Transport Policy, Elsevier, vol. 75(C), pages 141-149.
- Elisabetta Iossa & Michael Waterson, 2017. "Maintaining Competition in Recurrent Procurement Contracts: A case study on the London Bus Market," CEIS Research Paper 400, Tor Vergata University, CEIS, revised 24 Feb 2017.
- Joel O. Wooten & Joan M. Donohue & Timothy D. Fry & Kathleen M. Whitcomb, 2020. "To Thine Own Self Be True: Asymmetric Information in Procurement Auctions," Production and Operations Management, Production and Operations Management Society, vol. 29(7), pages 1679-1701, July.
- Mark J. Garmaise & Gabriel Natividad, 2024. "Fiscal windfalls and entrepreneurship: fostering entry or promoting incumbents?," Small Business Economics, Springer, vol. 62(1), pages 133-158, January.
- Tomáš Hanák & Ivan Marović & Nikša Jajac, 2020. "Challenges of Electronic Reverse Auctions in Construction Industry—A Review," Economies, MDPI, vol. 8(1), pages 1-14, February.
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More about this item
Keywords
Aggressive; Bidder asymmetry; Dispersion; Entrants; Incumbents; Procurement auctions; D44; D82; L74;All these keywords.
JEL classification:
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- L74 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Construction
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