Silva, Dakshina G. De; Kosmopoulou, Georgia; Pagel, Beatrice - Volkswirtschaftliche Fakultät, … - 2010
We provide a comparison of bidding behavior between multi-round and single-round auctions considering bid lettings for asphalt construction contracts. Using a reduced-form difference-in-difference approach as well as the nonparametric estimation technique proposed by Racine and Li (2004) we find...