Outsourcing via reverse auction with a built‐in menu of change orders

DOI10.1111/BOER.12350zbMath1530.91234OpenAlexW4280595276MaRDI QIDQ6076794

Elmar G. Wolfstetter

Publication date: 17 October 2023

Published in: Bulletin of Economic Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/boer.12350

zbMATH Keywords

auctionsmechanism designprocurementoutsourcingchange orders

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Auctions, bargaining, bidding and selling, and other market models (91B26) Mechanism design theory (91B03)

Cites Work

• Procuring substitutes with (fine-tuned) first-price auctions
• Optimal Auction Design

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