Data Driven Regulation: Theory and Application to Missing Bids
收藏NBER2019-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w25654
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资源简介：
We document a novel bidding pattern observed in procurement auctions from Japan: winning bids tend to be isolated. There is a missing mass of close losing bids. This pattern is suspicious in the following sense: it is inconsistent with competitive behavior under arbitrary information structures.
提供机构：
美国国家经济研究局
创建时间：
2019-03-01
