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Auction versus Negotiation in Public Procurement: Looking for Empirical Evidence
Chong, Eshien; Staropoli, Carine; Yvrande-Billon, Anne - HAL - 2010
The relative efficiency of auctions and negotiations is still a puzzle in the literature. While auctions are the … conditions under which negotiation is more efficient. In particular, they show that auctions perform poorly when projects are …
Persistent link: https://www.econbiz.de/10010750990
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Struggle over joint audit: on behalf of public interest?
Lesage, Cédric; Ratzinger, Sabine; Kettunen, Jaana - HAL - 2012
European Commission (EC 2011) has recently suggested joint audit - broadly defined as an audit where two independent auditors are jointly liable for the audit report - as a way a way to increase audit quality after the financial crisis and to mitigate audit market concentration, by enlarging the...
Persistent link: https://www.econbiz.de/10010898721
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The design of post-Kyoto climate schemes: selected questions in analytical perspective
Guesnerie, Roger - HAL - 2006
The paper starts from a proposition of institutional design for climate policies made previously by David Bradford and labelled GPGP (Global Public good Purchase). The scheme is compared with other possible post- Kyoto schemes that are, or not, "Kyoto compatible". The comparison puts the...
Persistent link: https://www.econbiz.de/10010739037
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Mini-perm Structures in PPP Contracts: Risks and Opportunities
Dupas, Nicolas; Marty, Frédéric; Voisin, Arnaud - HAL - 2011
Prior to the 2008 financial crisis, the economic model of PPPs benefited from a very favorable environment in terms of credit availability and cost. The high level of liquidity in financial markets allowed rising abundant and not expensive external resources, because of both the low level of...
Persistent link: https://www.econbiz.de/10010541078
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Auctioning airport slots (?)
Gruyer, Nicolas; Lenoir, Nathalie - HAL - 2003
of auctions. …
Persistent link: https://www.econbiz.de/10010820860
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Earned wealth, engaged bidders? Evidence from a second price auction
Jacquemet, Nicolas; Joule, Robert-Vincent; Luchini, Stephane - HAL - 2009
bidding in hypothetical auctions. …
Persistent link: https://www.econbiz.de/10010738571
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"Upping the ante": How to design efficient auctions with entry?
Lamy, Laurent - HAL - 2010
In the symmetric independent private value model, we revisit auctions with entry by adding two additional ingredients … rights to cancel the sale may provide some valuable flexibility in second price auctions. However, both fail to be efficient …, special emphasis is put on the equilibrium analysis of auctions with shill bidding and on a variety of associated new insights …
Persistent link: https://www.econbiz.de/10010739022
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Optimal Extortion and Political Risk Insurance
Koessler, Frédéric; Lambert-Mogiliansky, Ariane - HAL - 2012
We study the problem faced by firms that invest in a foreign country characterized by weak governance. Our focus is on extortion relying on the threat of expropriation and bureaucratic harassment. The bureaucrat's power is characterized by looking at a general extortion mechanism adapted from...
Persistent link: https://www.econbiz.de/10010739035
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The econometrics of auctions with asymmetric anonymous bidders
Lamy, Laurent - HAL - 2008
Estimation of First-Price Auctions, Econometrica 68 (2000) 525-574] and study the asymptotic properties of our multi-step kernel …
Persistent link: https://www.econbiz.de/10010739122
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Efficiency in auctions with crossholdings
Ettinger, David - HAL - 2003
We study the impact of crossholdings on the efficiency of the standard auction formats. The ascending auction is not equivalent to the second-price auction. In a class of examples, the ascending auction is the only efficient standard auction format.
Persistent link: https://www.econbiz.de/10010898518