Weight Values, Scoring Rules and Abnormally Low Tenders Criteria in Multidimensional ProcurementEffects on Price

  1. Jorge González Chapela 1
  1. 1 Centro Universitario de la Defensa de Zaragoza
Revista:
Hacienda Pública Española / Review of Public Economics

ISSN: 0210-1173

Año de publicación: 2019

Número: 228

Páginas: 55-81

Tipo: Artículo

DOI: 10.7866/HPE-RPE.19.1.3 DIALNET GOOGLE SCHOLAR lock_openAcceso abierto editor

Otras publicaciones en: Hacienda Pública Española / Review of Public Economics

Resumen

Many weighing functions are currently in use for evaluating quotes in multidimensional procurement. Although these may affect the price paid by the buyer, their design has been little informed by empirical considerations. This paper studies the impacts of weight values, scoring rules, and abnormally low tenders criteria (ALTC) in an original sample of procurements of services. The panel dimension of the data and the rich set of procurement characteristics are exploited to show that convex price scoring rules (PSRs) and increases in the weight for price yield lower prices, whereas independent/interdependent PSRs and different ALTC result in the same price.

Información de financiación

Financial support from Centro Universitario de la Defensa de Zaragoza Grant 2017-04 is also gratefully acknowledged

Financiadores

  • Centro Universitario de la Defensa de Zaragoza Spain
    • 2017-04

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