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The use of multi-attribute auctions for procurement of products and services when both price and quality matter is … significant gap in the literature on studying the efficiency of these procurement mechanisms. In this paper, providing a … theoretical model and utilizing data from legal service procurement auctions, we study how open-ended scoring auctions can be used …
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trade at a fixed price before an auction. In the "Buy-It-Now" format, the seller offers a price prior to the auction …
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