Procurement with costly bidding, optimal shortlisting, and rebates

作者：Fan Cuihong; Wolfstetter Elmar^*

来源：Economics Letters, 2008, 98(3): 327-334.

DOI：10.1016/j.econlet.2007.05.012

• procurement
• auctions
• entry

We consider procurement auctions when bid preparation is costly and shortlisting is adopted. We find that a policy of reimbursing bidding costs is profitable if and only if performance and bidding costs are negatively correlated. Negative rebates dominate positive rebates.

• 出版日期2008-3
• 单位上海大学