Framework Agreements in Procurement: An Auction Model and Design Recommendations

Published Online:https://doi.org/10.1287/msom.2017.0623

References

  • Albano G, Sparro M (2008) A simple model of framework agreements: Competition and efficiency. J. Public Procurement 8(3):356–378.Google Scholar
  • Athey S (2001) Single crossing properties and the existence of pure strategy equilibria in games of incomplete information. Econometrica 69(4):861–889.CrossrefGoogle Scholar
  • Besanko D, Perry M, Spady R (1990) The logit model of monopolistic competition: Brand diversity. J. Indust. Econom. 38(4):397–415.CrossrefGoogle Scholar
  • Burr G (2014) Head or research, Dirección ChileCompra. Personal communication with authors.Google Scholar
  • Chen F (2007) Auctioning supply contracts. Management Sci. 53(10):1562–1576.LinkGoogle Scholar
  • Duenyas I, Hu B, Beil D (2013) Simple auctions for supply contracts. Management Sci. 59(10):2332–2342.LinkGoogle Scholar
  • Elmaghraby W, Oh S (2004) Procurement auctions and eroding price contracts in the presence of learning by doing. Working paper, University of Maryland, College Park.Google Scholar
  • Elyakime B, Laffont JJ, Loisel P, Vuong Q (1994) First-price sealed-bid auctions with secret reservation prices. Ann. Econom. Statist. 34:115–141.Google Scholar
  • European Commission (2015) Public procurement. Accessed January 1, 2015, https://ec.europa.eu/growth/single-market/public-procurement_en.Google Scholar
  • Fibich G, Gavish N (2011) Numerical simulations of asymmetric first-price auctions. Games Econom. Behav. 73(2):479–495.CrossrefGoogle Scholar
  • Goeree JK, Offerman T (2003) Competitive bidding in auctions with private and common values. Econom. J. 113(489):598–613.Google Scholar
  • Gur Y, Weintraub GY, Escobar D (2012) A procurement auction model for framework agreements. Albano GL, Snider KF, Thai KV, eds. Charting a Course in Public Procurement Innovation and Knowledge Sharing (Academics Press, Boca Raton, FL).Google Scholar
  • Hubbard TP, Paarsch HJ (2013) On the numerical solution of equilibria in auction models with asymmetries within the private-values paradigm. Schmedders K, Judd KL, eds. Handbook of Computational Economics, Vol. 3 (Elsevier, Amsterdam), 37–115.Google Scholar
  • Kang G (2013) Korean multiple award schedule. Plenary Presentation 9th Annual Conf. Inter-American Network Government Procurement (INGP), Montevideo, Uruguay.Google Scholar
  • Krishna V (2002) Auction Theory (Academic Press, San Diego).Google Scholar
  • Li C, Scheller-Wolf A (2011) Push or pull? Auctioning supply contracts. Production Oper. Management 20(2):198–213.CrossrefGoogle Scholar
  • Mas-Colell A, Whinston M, Green J (1995) Microeconomic Theory (Oxford University Press, New York).Google Scholar
  • Milgrom P (2004) Putting Auction Theory to Work (Cambridge University Press, Cambridge, UK).CrossrefGoogle Scholar
  • Myerson R (1981) Optimal auction design. Math. Oper. Res. 6(1):58–73.LinkGoogle Scholar
  • Saban D, Weintraub G (2015) Procurement mechanisms for differentiated products. Working paper, Stanford University, Stanford, CA.CrossrefGoogle Scholar
  • Schummer J, Vohra R (2003) Auctions for procuring options. Oper. Res. 51(1):41–51.LinkGoogle Scholar
  • Tunca TI, Zenios SA (2006) Supply auctions and relational contracts for procurement. Manufacturing Service Oper. Management 8(1):43–67.LinkGoogle Scholar
  • Zhang F (2010) Procurement mechanism design in a two-echelon inventory system with price-sensitive demand. Manufacturing Service Oper. Management 12(4):608–626.LinkGoogle Scholar
INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.