An Investigation Of A Proposed Auction Technique As A Method Of Procurement

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An Investigation of a Proposed Auction Technique as a Method of Procurement

Author : Willie J Freeman (Jr)
Publisher :
ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.:/5 (227 download)

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Book Synopsis An Investigation of a Proposed Auction Technique as a Method of Procurement by : Willie J Freeman (Jr)

Download or read book An Investigation of a Proposed Auction Technique as a Method of Procurement written by Willie J Freeman (Jr) and published by . This book was released on 1975 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Department of Defense procurement system has not always been effective in establishing a reasonable price. This thesis' purpose was to investigate an Auction Technique as an alternative procurement method. Formal Advertising was used for comparison purposes. Four tests were made: (1) determine the reliability of both procurement methods by comparing the results of a hypothetical procurement to a predictive model, (2) determine which procurement method would result in the lowest price, (3) investigate how bids would change when the expectation of future business changed, and (4) determine the difference between the lowest bid and the second lowest bid for each procurement method.

NASA SP-7500

Author : United States. National Aeronautics and Space Administration
Publisher :
ISBN 13 :
Total Pages : 124 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis NASA SP-7500 by : United States. National Aeronautics and Space Administration

Download or read book NASA SP-7500 written by United States. National Aeronautics and Space Administration and published by . This book was released on 1976 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Technical Information Indexes

Author : United States. Naval Air Systems Command
Publisher :
ISBN 13 :
Total Pages : 276 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Technical Information Indexes by : United States. Naval Air Systems Command

Download or read book Technical Information Indexes written by United States. Naval Air Systems Command and published by . This book was released on 1976 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Scientific and Technical Aerospace Reports

Author :
Publisher :
ISBN 13 :
Total Pages : 970 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Scientific and Technical Aerospace Reports by :

Download or read book Scientific and Technical Aerospace Reports written by and published by . This book was released on 1975 with total page 970 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lists citations with abstracts for aerospace related reports obtained from world wide sources and announces documents that have recently been entered into the NASA Scientific and Technical Information Database.

An Investigation Into the Design of Procurement Auctions

Author : Wei-Shiun Chang
Publisher :
ISBN 13 :
Total Pages : 103 pages
Book Rating : 4.:/5 (761 download)

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Book Synopsis An Investigation Into the Design of Procurement Auctions by : Wei-Shiun Chang

Download or read book An Investigation Into the Design of Procurement Auctions written by Wei-Shiun Chang and published by . This book was released on 2011 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: ABSTRACT: This dissertation examines a variety of mechanism designs adopted by industry to resolve two problematic issues in procurement auctions. Laboratory experiments are utilized to test theoretical predictions. The first essay investigates procurement auctions in a private value environment where procured goods are differentiated by unobservable characteristics. When unobservable characteristics are not taken into account in the selection process, the outcome of a procurement auction likely deviate from the buyer's optimal outcome. Three commonly used mechanisms are considered, namely standard second price auction, performance based contracting and pseudo quality screening. Bidders internalize unobservable characteristics into their bids and systematically transfer the equivalent value of those characteristics to buyers in the procurement auctions with performance based contracting. Subjects bid at their costs as predicted in the procurement auctions with pseudo quality screening and the price only mechanisms while they bid closely to their net costs in the auction with performance based contract. Experimental data has shown that the performance based contract mechanism generates higher buyer revenue than other two mechanisms do. The second essay is a test of a mechanism, average bid, used to resolve the winner's curse in a common value environment. Bidders' behavior in this mechanism is not significantly different from that in a conventional mechanism, low price. Consequently, price in the average bid mechanism is driven up and there is a reduction in the frequency of negative earnings and bankruptcy.

Management

Author :
Publisher :
ISBN 13 :
Total Pages : 730 pages
Book Rating : 4.3/5 (126 download)

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Book Synopsis Management by :

Download or read book Management written by and published by . This book was released on 1975 with total page 730 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Annual Department of Defense Bibliography of Logistics Studies and Related Documents

Author : United States. Defense Logistics Studies Information Exchange
Publisher :
ISBN 13 :
Total Pages : 960 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Annual Department of Defense Bibliography of Logistics Studies and Related Documents by : United States. Defense Logistics Studies Information Exchange

Download or read book Annual Department of Defense Bibliography of Logistics Studies and Related Documents written by United States. Defense Logistics Studies Information Exchange and published by . This book was released on 1976 with total page 960 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Auction Theory

Author : Pak-Sing Choi
Publisher : Springer Nature
ISBN 13 : 3030695751
Total Pages : 304 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Auction Theory by : Pak-Sing Choi

Download or read book Auction Theory written by Pak-Sing Choi and published by Springer Nature. This book was released on 2021-05-24 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook provides a short introduction to auction theory through exercises with detailed answer keys. Focusing on practical examples, this textbook offers over 80 exercises that predict bidders’ equilibrium behaviour in different auction formats, along with the seller’s strategic incentives to organize one auction format over the other. The book emphasizes game-theoretic tools, so students can apply similar tools to other auction formats. Also included are several exercises based on published articles, with the model reduced to its main elements and the question divided into several easy-to-answer parts. Little mathematical background in algebra and calculus is assumed, and most algebraic steps and simplifications are provided, making the text ideal for upper undergraduate and graduate students. The book begins with a discussion of second-price auctions, which can be studied without using calculus, and works through progressively more complicated auction scenarios: first-price auctions, all-pay auctions, third-price auctions, the Revenue Equivalence principle, common-value auctions, multi-unit auctions, and procurement auctions. Exercises in each chapter are ranked according to their difficulty, with a letter (A-C) next to the exercise title, which allows students to pace their studies accordingly. The authors also offer a list of suggested exercises for each chapter, for instructors teaching at varying levels: undergraduate, Masters, Ph.D. Providing a practical, customizable approach to auction theory, this textbook is appropriate for students of economics, finance, and business administration. This book may also be used for related classes such as game theory, market design, economics of information, contract theory, or topics in microeconomics.

Management, a Continuing Literature Survey with Indexes

Author :
Publisher :
ISBN 13 :
Total Pages : 750 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Management, a Continuing Literature Survey with Indexes by :

Download or read book Management, a Continuing Literature Survey with Indexes written by and published by . This book was released on 1975 with total page 750 pages. Available in PDF, EPUB and Kindle. Book excerpt:

An Experimental Investigation of Buyer Determined Procurement Auctions

Author : Ernan Haruvy
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis An Experimental Investigation of Buyer Determined Procurement Auctions by : Ernan Haruvy

Download or read book An Experimental Investigation of Buyer Determined Procurement Auctions written by Ernan Haruvy and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: ABSTRACT. Popular procurement auction formats vary along two main dimensions: (1) whether the winner is determined by the lowest price or by the buyer, and (2) whether auctions are sealed bid or dynamic. The attractiveness of these formats critically depends on information available to bidders about each other's qualities. We find that dynamic bidding with the buyer determined format in full information settings is detrimental to buyers. This is because bidders stop bidding short of the theoretical prediction, and this behavior has the greatest impact in the full information dynamic buyer-determined environment. This finding provides evidence that buyers should prefer sealed bid over dynamic auctions, especially if there is reason to believe that suppliers possess information about one another's quality. Buyers also should avoid revealing quality information to bidders (through individual reserves, for example). A methodological contribution of our approach is that it allows us to arrive at useful bounds for formats that are not well understood theoretically.

NASA SP.

Author :
Publisher :
ISBN 13 :
Total Pages : 248 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis NASA SP. by :

Download or read book NASA SP. written by and published by . This book was released on 1976 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Government Reports Announcements & Index

Author :
Publisher :
ISBN 13 :
Total Pages : 1278 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Government Reports Announcements & Index by :

Download or read book Government Reports Announcements & Index written by and published by . This book was released on 1986-03 with total page 1278 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Auction App: How Companies Tap the Power of Online Auctions to Maximize Revenue Growth

Author : Leland Harden
Publisher : McGraw Hill Professional
ISBN 13 : 0071406220
Total Pages : 314 pages
Book Rating : 4.0/5 (714 download)

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Book Synopsis The Auction App: How Companies Tap the Power of Online Auctions to Maximize Revenue Growth by : Leland Harden

Download or read book The Auction App: How Companies Tap the Power of Online Auctions to Maximize Revenue Growth written by Leland Harden and published by McGraw Hill Professional. This book was released on 2002-03-22 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: How companies such as L. L. Bean and Sun Microsystems are using online auctions to help boost their bottom lines From liquidating excess inventory to B2B materials procurement, corporate America has discovered online auctions as a catalyst for redefining old supply-chain relationships and business practices. Most analysts consider them the next big business opportunity. The Auction App details the tools and tactics employed by Sun Microsystems, Coca-Cola, and companies of any size and virtually every industry for creating, conducting, managing, and executing online auctions. Greater numbers of businesses will be able to discover the numerous profitable advantages of utilizing online auctions. The Auction App shows them how to: Liquidate excess inventory Acquire new customers cost-effectively Conduct real-time market research Provide new avenues of cooperation between sellers and suppliers

Proceedings of the XVI International symposium Symorg 2018

Author : Nevenka Žarkić-Joksimović
Publisher : University of Belgrade, Faculty of Organizational Sciences
ISBN 13 : 8676803617
Total Pages : 1161 pages
Book Rating : 4.6/5 (768 download)

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Book Synopsis Proceedings of the XVI International symposium Symorg 2018 by : Nevenka Žarkić-Joksimović

Download or read book Proceedings of the XVI International symposium Symorg 2018 written by Nevenka Žarkić-Joksimović and published by University of Belgrade, Faculty of Organizational Sciences . This book was released on 2018-06-12 with total page 1161 pages. Available in PDF, EPUB and Kindle. Book excerpt:

E-Procurement Management for Successful Electronic Government Systems

Author : Ordóñez de Pablos, Patricia
Publisher : IGI Global
ISBN 13 : 1466621206
Total Pages : 322 pages
Book Rating : 4.4/5 (666 download)

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Book Synopsis E-Procurement Management for Successful Electronic Government Systems by : Ordóñez de Pablos, Patricia

Download or read book E-Procurement Management for Successful Electronic Government Systems written by Ordóñez de Pablos, Patricia and published by IGI Global. This book was released on 2012-09-30 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: As governments search for the best ways to restyle their services, the E-Government field continues to attract interest from public administrators, politicians, academics, and citizens. As a result, new topics such as e-procurement have become core factors in public sector development by providing way to better serve citizens and businesses in our digital economy. E-Procurement Management for Successful Electronic Government Systemsenhances the understanding and collaboration in e-government and the role of information technologies in supporting the development of improved services for citizens. By analyzing recent developments in theory and practices as well as providing fresh ideas and research, this reference source aims to bridge the gap between academia, industry, and government.

The Internationalization of Government Procurement Regulation

Author : Aris Georgopoulos
Publisher : Oxford University Press
ISBN 13 : 0192516841
Total Pages : 646 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis The Internationalization of Government Procurement Regulation by : Aris Georgopoulos

Download or read book The Internationalization of Government Procurement Regulation written by Aris Georgopoulos and published by Oxford University Press. This book was released on 2017-02-16 with total page 646 pages. Available in PDF, EPUB and Kindle. Book excerpt: As governments are major buyers of goods and services, foreign companies are keen to be able to participate in procurement opportunities on an equal footing with national firms. This has given rise to the inclusion of procurement disciplines in trade agreements and to internationally-agreed good regulatory practices in this important policy area. The contributions to this book examine how the dynamic mix of bilateral, regional, plurilateral and international norms on government procurement is reflected in purchasing practices at the national level and whether these are leading to convergence in policies and approaches. The countries studied span both advanced, high-income economies and emerging economies. Some are members of the WTO procurement agreement, others are not. Most WTO members have decided not to commit to binding international disciplines on procurement in trade agreements. This book explores whether there has been nonetheless internationalization of good procurement practices, and what current public purchasing processes suggest as regards the value added of signing on to binding rules of the game in this area. The approach taken in the volume is interdisciplinary. Contributors include economists, political scientists, legal scholars, and practitioners with a solid understanding of both the extant international disciplines and national government procurement policies. Each chapter assesses the current state of play as regards legislation and procurement practices; the degree to which industrial policy considerations feature in the relevant regulatory frameworks; the existence and use of domestic dispute resolution and review procedures that allow firms to contest the behavior of procuring entities; and the availability of data on procurement processes and outcomes.

Index Digest of the Published Decisions of the Comptroller General of the United States

Author : United States. General Accounting Office
Publisher :
ISBN 13 :
Total Pages : 868 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Index Digest of the Published Decisions of the Comptroller General of the United States by : United States. General Accounting Office

Download or read book Index Digest of the Published Decisions of the Comptroller General of the United States written by United States. General Accounting Office and published by . This book was released on 1966 with total page 868 pages. Available in PDF, EPUB and Kindle. Book excerpt: