Synergies in Recurring Procurement Auctions: An Empirical Investigation
Synergies in Recurring Procurement Auctions: An Empirical Investigation
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经常性采购拍卖的协同效应:实证研究
DOI:
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发表时间:
2005
期刊:
影响因子:
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通讯作者:
D. Silva
中科院分区:
文献类型:
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作者:
D. Silva
This article examines the impact of synergies on bidder behavior in recurring road construction procurement auctions. The study reveals that projects are spatially correlated. When bidders with potential synergies participate, the results indicate that their probability of bidding and winning increases and they bid more aggressively. Finally, the study shows that a firm that is capacity unconstrained will bid more aggressively than one that is capacity constrained. (JEL D44)