منابع مشابه
Preferred Suppliers in Auction Markets
In a procurement setting, this paper examines agreements between a buyer and one of the suppliers which would increase their joint surplus. The provisions of such agreements depend on the buyer’s ability to design the rules of the final procurement auction. When the buyer has no such ability, their joint surplus can be increased by an agreement which grants to the preferred supplier a right-of-...
متن کاملPreferred Suppliers and Vertical Integration in Auction Markets
This paper examines a symmetric first-price procurement auction in which one supplier is preferred by the buyer. Preference takes the form of a right-of-first-refusal which allows the preferred supplier to accept or reject the contract at the lowest bid of the other competing suppliers. We first characterize a strictly monotonic bidding function for the competing suppliers. We then show that th...
متن کاملUnderstanding suppliers' participation in business-to-government (B2G) electronic auction markets in the thai context
Despite business-to-government (B2G) electronic auction (e-auction) markets being a way for suppliers to create opportunities for market expansion and for trading activities, little has been done to understand the behaviour of suppliers participating in these markets. In this paper, we propose a framework to explain suppliers’ intention to participate, and the level of participation in B2G eauc...
متن کاملA Conceptual Framework for Investigating Suppliers' Participation in Business-to-Government (B2G) Electronic Auction Markets in the Thai Context
Business-to-government (B2G) electronic auction (e-auction) markets are increasingly being used to create opportunities for suppliers to expand their market as well as trading activities. However, little has been done to understand the behaviour of suppliers participating in these markets. In this paper, we propose a framework to explain suppliers’ intention to participate, and the level of par...
متن کاملIntroduction to ‘ Innovative Auction Markets
This special issue of EM — Electronic Markets on ‘Innovative Auction Markets’ illustrates the increasingly pervasive and diverse applications of online auctions. From auctions for keywords tied to search engines, to B2B and financial auctions, or the use of auctions to generate predictive information for decision making — online auctions are becoming more widely applied in practice. Since the l...
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ژورنال
عنوان ژورنال: The RAND Journal of Economics
سال: 2009
ISSN: 0741-6261,1756-2171
DOI: 10.1111/j.1756-2171.2009.00065.x