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Synergies in Recurring Procurement Auctions: An Empirical Investigation

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Synergies in Recurring Procurement Auctions: An Empirical Investigation. / De Silva, Dakshina G.
In: Economic Inquiry, Vol. 43, No. 1, 01.2005, p. 55-66.

Research output: Contribution to Journal/MagazineJournal articlepeer-review

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De Silva DG. Synergies in Recurring Procurement Auctions: An Empirical Investigation. Economic Inquiry. 2005 Jan;43(1):55-66. doi: 10.1093/ei/cbi005

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Bibtex

@article{8daed4ba8d1949a1942ee2040d8c23fd,
title = "Synergies in Recurring Procurement Auctions: An Empirical Investigation",
abstract = "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.",
keywords = "Auctions, Synergies, Procurement ",
author = "{De Silva}, {Dakshina G.}",
year = "2005",
month = jan,
doi = "10.1093/ei/cbi005",
language = "English",
volume = "43",
pages = "55--66",
journal = "Economic Inquiry",
issn = "0095-2583",
publisher = "Wiley-Blackwell",
number = "1",

}

RIS

TY - JOUR

T1 - Synergies in Recurring Procurement Auctions: An Empirical Investigation

AU - De Silva, Dakshina G.

PY - 2005/1

Y1 - 2005/1

N2 - 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.

AB - 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.

KW - Auctions

KW - Synergies

KW - Procurement

U2 - 10.1093/ei/cbi005

DO - 10.1093/ei/cbi005

M3 - Journal article

VL - 43

SP - 55

EP - 66

JO - Economic Inquiry

JF - Economic Inquiry

SN - 0095-2583

IS - 1

ER -