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Enchères anglaises inversées avec bonus de qualité dans les procédures d'e-procurement

Author

Listed:
  • Michel Mougeot

    (CRESE - Centre de REcherches sur les Stratégies Economiques (UR 3190) - UFC - Université de Franche-Comté - UBFC - Université Bourgogne Franche-Comté [COMUE])

  • Florence Naegelen

    (CRESE - Centre de REcherches sur les Stratégies Economiques (UR 3190) - UFC - Université de Franche-Comté - UBFC - Université Bourgogne Franche-Comté [COMUE])

Abstract

This paper analyzes the properties of the English auction with bidding credits that is used for e-procurement in the case of differenciated goods. Assuming that production costs are increasing with the level of quality and that the score function of the buyer is concave, we characterize the optimal procurement mechanism when the level of quality offered is common knowledge. We show that the English auction with bidding credits implements the optimal mechanism only under specific assumptions. When the private informations on the costs are uniformly distributed, we characterize a modified English auction with bidding credits by capping payments and we prove that this procedure implements the optimal mechanism.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Michel Mougeot & Florence Naegelen, 2006. "Enchères anglaises inversées avec bonus de qualité dans les procédures d'e-procurement," Post-Print hal-00448470, HAL.
    • Handle: RePEc:hal:journl:hal-00448470
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    JEL classification:

    • D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
    • H57 - Public Economics - - National Government Expenditures and Related Policies - - - Procurement
    • L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality

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