𝔖 Bobbio Scriptorium
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A comparison of a simple procurement auction and generalized Nash bargaining

✍ Scribed by He Huang; Hongyan Xu; Jian Chen

Book ID
107384134
Publisher
SP Systems Engineering Society of China
Year
2009
Tongue
English
Weight
539 KB
Volume
18
Category
Article
ISSN
1004-3756

No coin nor oath required. For personal study only.

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## Abstract Auctions have been recognised as an important tool for improving economic efficiency. Aid‐related procurement systems are no exception to this. Strengthening competition at procurement auctions lowers contract prices and mitigates the heavy indebtedness of developing countries. Auctions