Joint bidding is the practice of two or more independent suppliers submitting a single bid. In Europe, the regulation of joint bidding in procurement varies a lot across countries, and is in several cases related to the inability of an... more
Joint bidding is the practice of two or more independent suppliers submitting a single bid. In Europe, the regulation of joint bidding in procurement varies a lot across countries, and is in several cases related to the inability of an individual firm to be admitted as a solo bidder. In the first part of the paper we analyse the basic economics of bidding consortia and the effects that these can have in terms of coordination among firms, risk management and exploitation of synergies. In the second part we compare several practical criteria for limiting bidding consortia in a consistent way by assessing their relative degrees of restrictiveness.
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ABSTRACT
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Research Interests: Microeconomics, Tender, Strategic Procurement, Duration, E Procurement, and 7 moreActivity, Centralization, Lots, M, G, J, and A
Research Interests: Microeconomics, Structure, Bidding, Price Discovery, Tender, and 5 moreProduct differentiation, Entry Barriers, M, R, and J
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Abstract: In softening price competition at the tendering stage, a bidding ring may jeopardize the buyer's effort to award a procurement contract at her most advantageous economic conditions. By exploiting the similarities between... more
Abstract: In softening price competition at the tendering stage, a bidding ring may jeopardize the buyer's effort to award a procurement contract at her most advantageous economic conditions. By exploiting the similarities between oligopolistic and procurement markets, ...
Joint bidding is the practice of two or more independent suppliers submitting a single bid, a widespread practice in private and public procurement. This practice may generate efficiencies through synergies and information sharing, but... more
Joint bidding is the practice of two or more independent suppliers submitting a single bid, a widespread practice in private and public procurement. This practice may generate efficiencies through synergies and information sharing, but may also be abused to reduce the number of competitors or—even worse—to facilitate or enforce collusion among them; therefore, it is often regulated. In this paper,