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Bids and costs in combinatorial and noncombinatorial procurement auctions: evidence from procurement of public cleaning contracts
Örebro University, Örebro University School of Business.ORCID iD: 0000-0002-1746-7884
Nationalekonomiska institutionen, Umeå universitet, Umeå, Sweden.
2013 (English)In: Contemporary economic policy, ISSN 1074-3529, E-ISSN 1465-7287, Vol. 31, no 4, p. 733-745Article in journal (Refereed) Published
Abstract [en]

Combinatorial procuremnet auctions enable suppliers to pass their potential cost synergies on to the procuring entity and may therefore lead to lower costs and enhance efficiency. However, bidders might find it profitable to inflate their standalone bids in order to favor their packages bids. Using data fraom standard  and combinatorial procuremnet auctions, we find that bids on individual contracts in simultaneous standard auctions, without the option to submit package bids, are significantly lower than the corresponding standalone bids in combinatorial auctions. Further, no significant difference in procurer's cost as explained by auction format is found.

Place, publisher, year, edition, pages
2013. Vol. 31, no 4, p. 733-745
Keywords [en]
Combinatorial procuremnet auctions
National Category
Social Sciences
Research subject
Economics
Identifiers
URN: urn:nbn:se:oru:diva-32207DOI: 10.1111/j.1465-7287.2012.00317.xISI: 000323381900006Scopus ID: 2-s2.0-84882876240OAI: oai:DiVA.org:oru-32207DiVA, id: diva2:660984
Projects
Effektivare offentlig upphandling med ny metodik
Funder
Swedish Competition Authority, 603/2008Available from: 2013-10-31 Created: 2013-10-31 Last updated: 2018-05-21Bibliographically approved

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Lunander, Anders

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  • de-DE
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  • en-US
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  • nn-NO
  • nn-NB
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  • Other locale
More languages
Output format
  • html
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  • asciidoc
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