Title of article
Government procurement and asymmetric rebate auctions
Author/Authors
Kim، نويسنده , , In-Gyu ، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1997
Pages
6
From page
245
To page
250
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
Serial Year
1997
Journal title
Economics Letters
Record number
434279
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