G2TT
来源类型Discussion paper
规范类型论文
来源IDDP9790
DP9790 On discrimination in procurement auctions
Philippe Jehiel; Laurent Lamy
发表日期2014-01-26
出版年2014
语种英语
摘要With exogenous participation, strong bidders should be discriminated against weak bidders to maximize revenues (Myerson 1981). When participation is endogenous and the set of potential entrants is large, optimal discrimination if any takes a very different form. Without incumbents, there should be no discrimination even if entrants come from groups with different characteristics. With incumbents, those should be discriminated against entrants no matter how strong/weak they are even if some share of their surplus is internalized by the designer. The optimal reserve policy in standard auctions is also analyzed to shed light on situations in which discrimination is not permitted.
主题Industrial Organization
关键词Asymmetric buyers Auctions with endogenous entry Bid preference programs Cartels Favoritism Government procurement Incumbents Optimal auction design Poisson games
URLhttps://cepr.org/publications/dp9790
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/538626
推荐引用方式
GB/T 7714
Philippe Jehiel,Laurent Lamy. DP9790 On discrimination in procurement auctions. 2014.
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