Showing 1 - 10 of 36
Persistent link: https://www.econbiz.de/10011950308
We run a regression discontinuity design analysis to document the causal effect of increasing buyers' discretion on procurement outcomes in a large database for public works in Italy. Works with a value above a given threshold have to be awarded through an open auction. Works below this...
Persistent link: https://www.econbiz.de/10013011864
Using data from Italian public works, we study whether and which procuring administrations manipulate the value of contracts to avoid crossing regulatory thresholds that limit discretion, and how this impacts procurement outcomes. We use bunching estimators to document substantial manipulation...
Persistent link: https://www.econbiz.de/10014083451
Persistent link: https://www.econbiz.de/10011475647
Persistent link: https://www.econbiz.de/10011502423
Persistent link: https://www.econbiz.de/10011823123
Persistent link: https://www.econbiz.de/10010418915
Persistent link: https://www.econbiz.de/10015403442
Using a regression discontinuity design, we document the effect of publicizing a procurement auction on entry and outcomes. We collect a large sample of procurement auctions, which by Italian law are assigned different publicity levels on the basis of their reserve price. We find that auctions...
Persistent link: https://www.econbiz.de/10013068890
A number of recent papers have proposed that a pattern of isolated winning bids may be associated with collusion. In contrast, others have suggested that bid clustering, especially of the two lowest bids, is indicative of collusion. In this paper, we present evidence from an actual procurement...
Persistent link: https://www.econbiz.de/10014091634