A note on information revelation in procurement auctions
Abstract
This paper is about a procurement auction setting, introduced in Gal-Or, Gal-Or and Dukes (2007), in which suppliers offer differentiated products and the buyer needs to decide whether to reveal or not to the suppliers the own preferences for the various products. We provide some technical remarks and complements to the analysis of Gal-Or, Gal-Or and Dukes (2007), and an extension to the case of risk averse suppliers.Download Info
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Bibliographic Info
Article provided by Elsevier in its journal Economics Letters.
Volume (Year): 108 (2010)
Issue (Month): 3 (September)
Pages: 307-310
Contact details of provider:
Web page: http://www.elsevier.com/locate/ecolet
Related research
Keywords: Information revelation Logconcavity Risk aversion;Other versions of this item:
- Nicola Doni & Domenico Menicucci, 2010. "A note on information revelation in procurement auctions," Working Papers Series wp2010_01.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze dell'Economia e Dell'Impresa.
- D44 - Microeconomics - - Market Structure and Pricing - - - Auctions
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Stoll, Sebastian & Zöttl, Gregor, 2012. "Information Disclosure in Open Non-Binding Procurement Auctions: an Empirical Study," Discussion Papers in Economics 13112, University of Munich, Department of Economics.
- Stoll, Sebastian & Zöttl, Gregor, 2012. "Information Disclosure in Dynamic Buyer-Determined Procurement Auctions: An Empirical Study," Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century 62044, Verein für Socialpolitik / German Economic Association.
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