Procurement auctions under quality manipulation corruption | |
Huang, Yangguang1; Xia, Jijun2 | |
刊名 | EUROPEAN ECONOMIC REVIEW
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2019-01 | |
卷号 | 111页码:380-399 |
关键词 | Scoring auction Quality manipulation Corruption Procurement |
ISSN号 | 0014-2921 |
DOI | 10.1016/j.euroecorev.2018.11.001 |
英文摘要 | In procurement, quality manipulation corruption arises when the agent tasked with quality evaluation exaggerates the quality of a corrupt firm. If an inefficient firm is favored by the agent, the buyer can adjust the procurement mechanism such that the corruption rent of the inefficient firm erodes the technological rent of the efficient firm; however, doing so may require procuring the project at an undesirable quality level. To resolve this trade-off between corruption deterrence and quality distortion, unlike standard results in the literature, the buyer may overstate her preference for quality, and the dominance of scoring auctions over minimum-quality auctions disappears. (C) 2018 Elsevier B.V. All rights reserved. |
WOS研究方向 | Business & Economics |
语种 | 英语 |
出版者 | ELSEVIER SCIENCE BV |
WOS记录号 | WOS:000456229100018 |
内容类型 | 期刊论文 |
源URL | [http://10.2.47.112/handle/2XS4QKH4/414] ![]() |
专题 | 上海财经大学 |
通讯作者 | Huang, Yangguang |
作者单位 | 1.Hong Kong Univ Sci & Technol, Dept Econ, Clear Water Bay, Hong Kong, Peoples R China; 2.Shanghai Univ Finance & Econ, Sch Econ, 111 Wuchuan Rd, Shanghai 200433, Peoples R China |
推荐引用方式 GB/T 7714 | Huang, Yangguang,Xia, Jijun. Procurement auctions under quality manipulation corruption[J]. EUROPEAN ECONOMIC REVIEW,2019,111:380-399. |
APA | Huang, Yangguang,&Xia, Jijun.(2019).Procurement auctions under quality manipulation corruption.EUROPEAN ECONOMIC REVIEW,111,380-399. |
MLA | Huang, Yangguang,et al."Procurement auctions under quality manipulation corruption".EUROPEAN ECONOMIC REVIEW 111(2019):380-399. |
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