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Public procurement is big business. International organisations and governments at national, regional, state and city levels are major buyers of goods and services. However, public procurement is a relatively under-researched and new discipline, which, uniquely, brings together contributions from the fields of economics and law.
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COMPARING PUBLIC PROCUREMENT AUCTIONS
International Economic Review, 2018AbstractThis article contrasts two auction formats often used in public procurement: first price auctions with ex post screening of bid responsiveness and average bid auctions (ABAs), in which the bidder closest to the average bid wins. The equilibrium analysis reveals that their ranking is ambiguous in terms of revenues, but the ABA is typically less ...
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OECD Development Centre Working Papers, 2003
This paper presents a comparative analysis of the public procurement system in three East African countries: Kenya, Uganda and Tanzania. In response to both domestic and international pressures, these countries have recently undertaken important initiatives to make their public procurement systems more efficient and transparent in line with ...
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This paper presents a comparative analysis of the public procurement system in three East African countries: Kenya, Uganda and Tanzania. In response to both domestic and international pressures, these countries have recently undertaken important initiatives to make their public procurement systems more efficient and transparent in line with ...
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Journal of Competition Law and Economics, 2012
Public procurement markets differ from all others because quantities do not adjust with prices but are fixed by the bidding authority. As a result, there is a high incentive for organizing cartels (where the price elasticity of demand is zero below the base price) that are quite stable because there are no lasting benefits for cheaters.
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Public procurement markets differ from all others because quantities do not adjust with prices but are fixed by the bidding authority. As a result, there is a high incentive for organizing cartels (where the price elasticity of demand is zero below the base price) that are quite stable because there are no lasting benefits for cheaters.
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Mastering Electronic Procurement, Green Public Procurement, and Public Procurement for Innovation
2017This chapter explains the overview of Electronic Procurement (e-procurement); the critical success factors and implementation of e-procurement systems; the barriers to e-procurement implementation; the perspectives on electronic public procurement; the Interpretive Structural Modeling (ISM), Structural Equation Modeling (SEM), and e-procurement; the ...
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International Public Procurement
2008Public procurement is continuing to evolve both conceptually and organizationally. Public procurement professionals have faced a constantly changing environment typified by rapidly emerging technologies, increasing product choice, environment concerns, and the complexities of international and regional trading agreements.
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