Essays about: "Procurement auctions"

Found 5 essays containing the words Procurement auctions.

  1. 1. Bid Forecasting in Public Procurement

    University essay from KTH/Skolan för industriell teknik och management (ITM)

    Author : Karim Stiti; Shih Jung Yape; [2019]
    Keywords : Bidding in public procurement; Count data regression; Economically most advantageous tenders; Lowest price tenders; Machine learning; Multiple linear regression; Nonparametric bootstrap; Position performance coefficient; Sealed-bid auctions; Stochastic dominance; Support vector regression.; Budgivningsmodeller I offentliga upphandlingar; Ekonomiskt mest fördelaktiga anbud; Förseglade auktioner; Lägsta-pris anbud; Maskininlärning; Multipel linjär regression.;

    Abstract : Public procurement amounts to a significant part of Sweden's GDP. Nevertheless, it is an overlooked sector characterized by low digitization and inefficient competition where bids are not submitted based on proper mathematical tools. READ MORE

  2. 2. Innovation Procurement Auctions and Administration Costs

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Clinton Lew; [2018]
    Keywords : Auctions; Innovation;

    Abstract : We analyze the innovation problem currently facing a particular sector of the pharmaceutical industry and propose the use of procurement auctions to encourage innovation. We investigate the impact of operating costs on procurement auctions for innovation that potentially use both prizes, in the form of direct monetary transfers, and contracts as incentives. READ MORE

  3. 3. Computer Science Optimization Of Reverse auction : Reverse Auction

    University essay from Linnéuniversitetet/Institutionen för datavetenskap (DV)

    Author : Athmar Mubark; [2017]
    Keywords : Reverse Auction; Electronic Auction; E-auction; E-procurement; Online Auction; Buyer; Seller; Purchaser; Bidding; Reverse English auction Reverse Dutch auction; Reverse Yankee Auction; Reverse Japanese Auction; Reverse Sealed bid auction; Reverse Vickrey Auction;

    Abstract : Many people still confused and misunderstand the differences between auction types: In fact, we have only two major types of auctions which are the forward auction and Reverse auction[22]. In a forward auction a single seller offers an item for sale with many competitive buyers driving the price upward: In a Reverse Auction, a single buyer wants to purchase a service or an item from many sellers, they drive the price downward: There are many differences between these type of auction: Including the progress of the auctions; winner selection criterion and other factors: The Reverse Auction nowadays is one of the most preferred types of online auctions: It gains popularity rapidly because of representing the buyers' side and helps him to drive prices down in contrary with the forward auction or traditional auction. READ MORE

  4. 4. The buyer-seller risk distribution and competition effects in procurement auctions

    University essay from KTH/Entreprenörskap och Innovation

    Author : Ivan Ridderstedt; [2016]
    Keywords : Procurement auctions; public procurement; government procurement; competition effects; common-value model; risk distribution; procurement productivity;

    Abstract : This thesis investigates how competition effects in government procurement auction are affected by the risk distribution between the procurer and the winning bidder. The risk distribution is linked to the conditions of payment which is assumed to be largely determined by the procurer. READ MORE

  5. 5. Deregulation of railways : An analysis of the procurement auctions in Jönköpings Län

    University essay from IHH, Nationalekonomi

    Author : Peter Andersson; [2006]
    Keywords : Deregulation; Procurement auctions; Winner s curse;

    Abstract : Railways have played an important role for the Swedish economy throughout the 20th into the 21st century since it provides good connections between urban and rural regions and also within them. However, it has been very costly for the state to run this activity and a significant effort to reduce costs and to increase the efficiency for this sector was to introduce procurement auctions where also private firms are invited to lay bids. READ MORE