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18 results on '"Competitive bidding -- Analysis"'

1. ALL-PAY AUCTIONS WITH A BUY-PRICE OPTION

Author

Xu, Minbo, Li, Sanxi, and Yan, Jianye

Subjects
Online shopping -- Analysis, Consumer preferences -- Analysis, Competitive bidding -- Analysis, Online auctions -- Analysis, Auctions, E-commerce, Retail trade, Online shopping, Online auction, Business, general, Economics
Abstract

This paper studies all-pay auctions in which there is a buy-price option for bidders to guarantee purchases at a seller-specified price. We analyze symmetric increasing bidding equilibria in the first - and second-price all-pay auctions with the buy-price option. While the optimal buy-price in the second price is higher than are those in the first-price all-pay auction, both formats maintain the same expected profit. With an endogenous entry process, all-pay auctions with the buy-price can attract more consumers and ultimately reach a higher expected profit than does the uniform posted-price selling mechanism. (JEL D44, LI 1, L81), I. INTRODUCTION Internet and online retailers have altered selling mechanisms in many new ways. In this paper, we investigate the role of a buy-price option in all-pay auctions. In addition [...]

Published
2019
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2. Economics

Subjects
NCAA Championship (Basketball) -- Models, College basketball -- Competitions, Basketball teams -- Evaluation, Auctions -- Methods, Competitive bidding -- Analysis, Financial literacy -- Demographic aspects, Race -- Comparative analysis -- Educational aspects, Humanities, Science and technology
Abstract

Efficient Brackets in the NCAA Men's Basketball Tournament. George Chang, Grand Valley State University; James Feigenbaum, Utah State UniversityWe model the NCAA Men's Basketball Tournament by estimating the win probabilities [...]

Published
2018

3. FLAME GOES OUT: DETERMINANTS OF INDIVIDUAL SUPPORT AT THE 2024 HAMBURG GAMES REFERENDUM

Author

Wicker, Pamela and Coates, Dennis

Subjects
Olympics -- 2024 AD, Cost benefit analysis, Competitive bidding -- Analysis, Public investments -- Analysis, Referendums -- Analysis, Cost benefit analysis, Business, Economics
Abstract

This study used the opportunity to conduct a survey with a contingent valuation method scenario in the weeks prior to an actual referendum on bidding for the 2024 Olympic Summer Games in Hamburg. Only 41.2% of respondents planned to vote favorably and 30.1% reported a positive willingness-to-pay. We allowed respondents to state the institution they would give the money to ensure it is wisely spent. The preferred institutions were a foundation and an account in trust. The findings indicate that individual voters have their own complex utility function of costs and benefits which should be considered by public officials.(JEL H41, L83, Z23, Z28), I. INTRODUCTION Referenda have proven informative about whether the population supports government spending on large-scale projects (Horn, Cantor, and Fort 2015). Likewise, referenda have become popular in recent years to [...]

Published
2018

4. Growing Reinsurance Payments Weaken Competitive Bidding in Medicare Part D

Author

Jung, Jeah and Feldman, Roger

Subjects
Competitive bidding -- Analysis, Medical care utilization -- Analysis, Prescription drug plans -- Analysis, Reinsurance -- Analysis, Business, Health care industry
Abstract

Objectives. To examine variation in risk-adjusted reinsurance payments across Part D plans, analyze its implications for the program, and explore options to reduce reinsurance payments.Data/Study Design. 2007-2015 Part D Plan Payment and Premium data; 2010-2013 Part D Prescription Drug Event data; and 2013 Part D Plan Formulary Files.Principal Findings. Risk-adjusted reinsurance payments varied widely across plans at a given out-of-pocket (OOP) premium. The variance in risk-adjusted reinsurance in common OOP premium ranges increased between 2010 and 2015. High risk-adjusted reinsurance payments were negatively correlated with use of utilization management tools for high-cost drugs.Conclusions. Growing reinsurance payments shrink plans' liability for managing drug spending for high-cost enrollees, creating plan moral hazard, and making OOP premiums a noisy signal of plans' total costs.Key Words. Part D reinsurance, competitive bidding, plan moral hazard, Medicare Part D benefits are delivered through private plans--stand-alone Prescription Drug Plans (PDPs) or Medicare Advantage Prescription Drug Plans (MA-PDs). Medicare subsidizes about 75 percent of Part D spending through [...]

Published
2018
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5. Western Balkans Tradean D Transport Facilitation

Subjects
Competitive bidding -- Analysis, Purchasing, Legal fees, Consultants (Persons), Business, international
Abstract

General procurement notice: Western Balkans Tradean d Transport Facilitation Description of project components to be proc ured through Quality and Cost Based Selection, ConsultantsQualifications, Individual Consultant selection, as well as [...]

Published
2020

6. Quebec Engineering Firm Ordered To Pay $4 Million For Bid-Rigging

Author

Binetti, Michael

Subjects
Quebec. Superior Court -- Powers and duties, Civil engineering -- Laws, regulations and rules, Competitive bidding -- Analysis, Construction contracts, Infrastructure (Economics), Government regulation, Business, international
Abstract

The Quebec Superior Court has ordered engineering firm Genivar (now WSP Canada) to pay a $4 million fine for its involvement between 2002 and 2011 in a bid-rigging scheme that [...]

Published
2019

7. If the U.S. doesn't get the 2026 World Cup, blame Trump

Author

Bensinger , Ken

Subjects
World Cup (Soccer) -- Planning -- Political aspects, Competitive bidding -- Analysis, President of the United States -- Evaluation, Company business planning, Business, Computers and office automation industries, Telecommunications industry
Abstract

Byline: Ken Bensinger On Wednesday morning, several hundred representatives of FIFA, the supreme body overseeing global soccer, will be presented with what will surely seem a tempting opportunity for a [...]

Published
2018

8. Supply Of Free-standing Furniture

Subjects
Competitive bidding -- Analysis, Children's furniture -- Analysis, Business, international
Abstract

Contract notice: Supply of free-standing furniture. The group 1. Nursery furniture will provide each line. Group 1. Nursery Furniture relating to the agreement the following participating organizations: - Oulu; - [...]

Published
2017

9. Consultancy and consulting services

Subjects
Competitive bidding -- Analysis, Rheumatoid factor -- Analysis, Business, international
Abstract

Announcement of competition: Consultancy and consulting services Health North RHF with underlying health authority, hereinafter called the principal, invites you to open competitive bidding to establish framework agreements about consultancy [...]

Published
2017

10. Quebec's Bid To Reform Municipal Pension Plans Will Have To Wait For The Superior Court To Determine The Validity Of Bill 15

Author

Hobday, Tina

Subjects
Quebec. Superior Court -- Services, Competitive bidding -- Analysis, Pensions -- Laws, regulations and rules, Government regulation, Business, international
Abstract

On June 1, 2016, arbitrator Claude Martin rendered a highly anticipated decision in the area of municipal pension plans, in the matter of Ville de Montréal and Fraternité des policiers [...]

Published
2016

11. The Execution Of The Agreements Of The Third Call of Round 1: Face Of The New Mexican Hydrocarbons Industry

Author

Borboa, Esteban S nchez

Subjects
Mexico. National Commission on Hydrocarbons -- Powers and duties, Competitive bidding -- Analysis, Hydrocarbons -- Licensing, certification and accreditation -- Analysis, Business, international
Abstract

Round 1 has finally shown, through the results of the Third Call for bids, the promising direction outlined by the Energy Reform on 2013. For the last 3 years, it [...]

Published
2016

12. Foreign investment in Australia - The more things change

Author

Knight, Lizzie

Subjects
Commercial law -- Interpretation and construction, Competitive bidding -- Analysis, Foreign investments -- Laws, regulations and rules, Acquisitions and mergers -- Economic aspects -- Evaluation, Government regulation, Business, international
Abstract

Foreign bidders continue to outnumber domestic acquisitions in public M&A and the growing appetite for foreign scrip has extended beyond resources. While changes to Australia's foreign investment regulations prompted some [...]

Published
2016

13. Competition Appellate Tribunal (COMPAT) Directs Competition Commission Of India (CCI) To Reconsider Penalties Imposed On LPG Manufacturers

Subjects
Competitive bidding -- Analysis, Liquefied petroleum gas industry -- Laws, regulations and rules, Energy industries -- Laws, regulations and rules, Energy law -- Interpretation and construction, Government regulation, Business, international
Abstract

COMPAT by its order dated March 1, 2016 has directed CCI to reconsider penalties imposed on the 47 LPG manufactures for big-rigging in procurement of 14.2 KG LPG cylinders in [...]

Published
2016

15. When And How To Use Fiduciary Out Clauses

Author

Chen, Denno

Subjects
Competitive bidding -- Analysis, Fiduciary duties -- Analysis, Business, international
Abstract

Almost every acquisition agreement involving the acquisition of a public company will include a provision whereby the board of directors of the target company agrees to stop soliciting competing bids [...]

Published
2015

16. New Greenfield Project: Madrid's City Of Justice

Author

Lasa, Javier

Subjects
Competitive bidding -- Analysis, Construction industry -- Laws, regulations and rules, Government agencies -- Laws, regulations and rules, Construction contracts -- Laws, regulations and rules, Government regulation, Business, international
Abstract

Madrid's Regional Government has recently announced the opening of the bid for the new City of Justice. The project foresees the construction and operation of a new town district in [...]

Published
2015

17. Supply and delivery of supplies and small equipment

Subjects
Competitive bidding -- Analysis, Business, international
Abstract

Contract notice: Supply and delivery of supplies and small equipment for chemical and physical analysis techniques to benefit the directorate general of armaments (dga). This proposed contract is for the [...]

Published
2015

18. State of Alaska

Author

Slaten, Russ

Subjects
Competitive bidding -- Analysis, Oil and gas leases -- Economic aspects -- Forecasts and trends, Market trend/market analysis, Business, Business, regional
Abstract

The State of Alaska received $59.7 million in high bids for its annual Northern Alaska oil and gas lease sales in November--the third highest amount received in state history. Competition [...]

Published
2015

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