Title of article :
Government procurement and asymmetric rebate auctions
Author/Authors :
Kim، نويسنده , , In-Gyu ، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1997
Abstract :
This paper characterizes a Nash equilibrium at an asymmetric rebate auction in which a government, seeking the most, favorable concessions from competing bidders, announces a fixed-price of an auctioned project and a price-preference policy prior to bidding competition.
Keywords :
Asymmetric auctions , Government procurement , Price-preference
Journal title :
Economics Letters
Journal title :
Economics Letters