This study analyzes construction procurement auctions conducted by Oklahoma Department of Transportation (ODOT) focusing on mechanism design and its impact on functioning of the market. First we investigate a recent policy that was enacted to reduce cost uncertainty in road construction and its implications upon competitive bidding and firms' survival. Then we consider time incentive bidding designs and the impact on bidding and project completion. Using data from the period extending from 2002 to 2010 and modern econometric techniques, this thesis presents a study of the dynamic interactions between private and public sectors
This study investigates bidder behavior in road construction procurement auctions held by the Oklaho...
We first surveyed all Transportation Agencies on their rules of implementation of A+B and incentive/...
This research attempts to contrast bid competitiveness with respect to the average bid auction (ABA)...
This study analyzes construction procurement auctions conducted by Oklahoma Department of Transporta...
In government procurement auctions of construction contracts, entrants are typically less informed a...
In government procurement auctions of construction contracts, entrants are typically less informed a...
PDFTech ReportFHWA-OK-14-12ODOT SP&R Item Number 2257Construction projectsBidsIncentivesDisincentive...
In government procurement auctions of construction contracts, entrants are typically less informed a...
ii Highway construction projects serve as a good example where society can benefit from fast complet...
A key challenge for Departments of Transportation around the country is to keep the cost of construc...
This thesis empirically investigates important phenomena surrounding procurement auctions. The first...
To utilize public resources efficiently, it is required to take full advantage of competition in pub...
Departments of Transportation (DOTs) are challenged with keeping the cost of construction low and en...
The market of public infrastructure projects is sizable. Despite growing private finance, official d...
A number of papers in the theoretical auction literature show that the release of information regard...
This study investigates bidder behavior in road construction procurement auctions held by the Oklaho...
We first surveyed all Transportation Agencies on their rules of implementation of A+B and incentive/...
This research attempts to contrast bid competitiveness with respect to the average bid auction (ABA)...
This study analyzes construction procurement auctions conducted by Oklahoma Department of Transporta...
In government procurement auctions of construction contracts, entrants are typically less informed a...
In government procurement auctions of construction contracts, entrants are typically less informed a...
PDFTech ReportFHWA-OK-14-12ODOT SP&R Item Number 2257Construction projectsBidsIncentivesDisincentive...
In government procurement auctions of construction contracts, entrants are typically less informed a...
ii Highway construction projects serve as a good example where society can benefit from fast complet...
A key challenge for Departments of Transportation around the country is to keep the cost of construc...
This thesis empirically investigates important phenomena surrounding procurement auctions. The first...
To utilize public resources efficiently, it is required to take full advantage of competition in pub...
Departments of Transportation (DOTs) are challenged with keeping the cost of construction low and en...
The market of public infrastructure projects is sizable. Despite growing private finance, official d...
A number of papers in the theoretical auction literature show that the release of information regard...
This study investigates bidder behavior in road construction procurement auctions held by the Oklaho...
We first surveyed all Transportation Agencies on their rules of implementation of A+B and incentive/...
This research attempts to contrast bid competitiveness with respect to the average bid auction (ABA)...