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- W2897940703 abstract "This chapter reports on issues related to procurement and competitive bidding, with the emphasis on designing procurement auctions and understanding how human behavior affects their performance. Starting from the basics of auctions and the insights learned from auction research in behavioral economics, we build toward a better understanding of issues specific to industrial procurement, such as the risk of nonperformance, the timing of qualification screening, the influence of behavioral biases, and the effect auction rules have on auction behavior and outcomes." @default.
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- W2897940703 date "2018-10-19" @default.
- W2897940703 modified "2023-10-14" @default.
- W2897940703 title "Behavioral Research in Competitive Bidding and Auction Design" @default.
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- W2897940703 doi "https://doi.org/10.1002/9781119138341.ch15" @default.
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