Weight Values, Scoring Rules and Abnormally Low Tenders Criteria in Multidimensional ProcurementEffects on Price
- 1 Centro Universitario de la Defensa de Zaragoza
ISSN: 0210-1173
Argitalpen urtea: 2019
Zenbakia: 228
Orrialdeak: 55-81
Mota: Artikulua
Beste argitalpen batzuk: Hacienda Pública Española / Review of Public Economics
Laburpena
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.
Finantzaketari buruzko informazioa
Financial support from Centro Universitario de la Defensa de Zaragoza Grant 2017-04 is also gratefully acknowledgedFinantzatzaile
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Centro Universitario de la Defensa de Zaragoza
Spain
- 2017-04
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