Dual Sourcing with Price Discovery

April 19, 2015April 24, 2019 ~ matthiasdahm

with J Alcalde, Games and Economic Behavior, 2019, DOI

The most recent unpublished version is here: DualSourcingR3 (February 2019).

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Reverse auctions are considered a fast and inexpensive price discovery tool to award procurement contracts and it is often desirable to award contracts to more than one supplier. Continue reading →

Competition for Procurement Shares

April 4, 2015May 30, 2015 ~ matthiasdahm

with J Alcalde, Games and Economic Behavior, 2013, DOI

We propose a new procurement procedure that allocates shares of the total amount to be procured depending on the bids of suppliers. Continue reading →

Welfare Maximizing Contest Success Functions when the Planner Cannot Commit

April 4, 2015May 30, 2015 ~ matthiasdahm

with L Corchón, Journal of Mathematical Economics, 2011, DOI

We analyze how a contest organizer chooses optimally the winner when the contestants’ efforts are already exerted and commitment to the use of a given contest success function is not possible. Continue reading →

Matthias Dahm's web site

winner-pay contests

Dual Sourcing with Price Discovery

Competition for Procurement Shares

Welfare Maximizing Contest Success Functions when the Planner Cannot Commit