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Nonparametric identification and estimation of score auctions in multi-attribute procurement
| Indexado |
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| DOI | 10.1016/J.ORL.2021.08.003 | ||||
| Año | 2021 | ||||
| Tipo | artículo de investigación |
Citas Totales
Autores Afiliación Chile
Instituciones Chile
% Participación
Internacional
Autores
Afiliación Extranjera
Instituciones
Extranjeras
Abstract
Score auctions are used in procurement to incorporate other attributes beyond price. We establish nonparametric econometric identification of bidders' pseudotypes (a measure of bidder's private cost), when bids are evaluated using a preannounced quasi-linear score, calculated on the basis of the submitted levels of the attributes. Hence, we extend the standard nonparametric method for independent private costs sealed-bid, first price auctions, to multi-attribute quasi-linear score auctions. We illustrate the result with an application to scoring bid data.
| Ord. | Autor | Género | Institución - País |
|---|---|---|---|
| 1 | Quiroga, Bernardo F. | Hombre |
Pontificia Universidad Católica de Chile - Chile
|
| 2 | ALDUNATE-ANFOSSI, FELIPE EDUARDO | Hombre |
Pontificia Universidad Católica de Chile - Chile
|
| Fuente |
|---|
| Fondo Nacional de Desarrollo Científico y Tecnológico |
| Fondecyt Initiation Grant |
| Universidad de Navarra |
| ORL editorial team |
| Penn State (Smeal) |
| Institute for Operations Research and the Management Sciences |
| IESE |
| Agradecimiento |
|---|
| The authors have no competing interests to declare. The authors are grateful to the ORL editorial team (editor-in-chief Amy Ward, area editor Mahesh Nagarajan, and an anonymous associate editor) for their generous feedback and support during the review process. Thanks to Tim Hubbard, Ed Coulson, Gary Lilien, Brent Moritz, Dan Guide, Andrés Aradillas-López, Saurabh Bansal, Hui Zhao, and seminar participants at University of Navarra (IESE), Penn State (Smeal), Emory (Goizueta), and the POMS (2014) and INFORMS (2013, 2020) conferences, for all their comments, suggestions, and help. This research benefited from discussions with Guillermo Burr and David Escobar from ChileCompra , the Directorate for Public Procurement and Contracting of the Chilean Government. Special thanks to Molly L. Barnes for many language suggestions and careful grammatical edits to an earlier version of this manuscript. Bernardo F. Quiroga acknowledges financial support from Fondecyt Initiation Grant # 11191014 . Any errors are the sole responsibility of the authors. |
| The authors have no competing interests to declare. The authors are grateful to the ORL editorial team (editor-in-chief Amy Ward, area editor Mahesh Nagarajan, and an anonymous associate editor) for their generous feedback and support during the review process. Thanks to Tim Hubbard, Ed Coulson, Gary Lilien, Brent Moritz, Dan Guide, Andrés Aradillas-López, Saurabh Bansal, Hui Zhao, and seminar participants at University of Navarra (IESE), Penn State (Smeal), Emory (Goizueta), and the POMS (2014) and INFORMS (2013, 2020) conferences, for all their comments, suggestions, and help. This research benefited from discussions with Guillermo Burr and David Escobar from ChileCompra , the Directorate for Public Procurement and Contracting of the Chilean Government. Special thanks to Molly L. Barnes for many language suggestions and careful grammatical edits to an earlier version of this manuscript. Bernardo F. Quiroga acknowledges financial support from Fondecyt Initiation Grant # 11191014 . Any errors are the sole responsibility of the authors. |
| The authors have no competing interests to declare. The authors are grateful to the ORL editorial team (editor-in-chief Amy Ward, area editor Mahesh Nagarajan, and an anonymous associate editor) for their generous feedback and support during the review process. Thanks to Tim Hubbard, Ed Coulson, Gary Lilien, Brent Moritz, Dan Guide, Andres Aradillas-Lopez, Saurabh Bansal, Hui Zhao, and seminar participants at University of Navarra (IESE), Penn State (Smeal), Emory (Goizueta), and the POMS (2014) and INFORMS (2013, 2020) conferences, for all their comments, suggestions, and help. This research benefited from discussions with Guillermo Burr and David Escobar fromChileCompra, the Directorate for Public Procurement and Contracting of the Chilean Government. Special thanks to Molly L. Barnes for many language suggestions and careful grammatical edits to an earlier version of this manuscript. Bernardo F. Quiroga acknowledges financial support fromFondecytInitiation Grant #11191014. Any errors are the sole responsibility of the authors. |
