Auction Length and Prices : Evidence from Random Auction Closing in Brazil

Electronic reverse auctions are the most used competitive method for procurement of goods and non-consulting services by the Federal Government of Brazil. These auctions are closed randomly, which perfectly satisfies fairness considerations but may...

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Bibliographic Details
Main Authors: Borges de Oliveira, Alexandre, Fabregas, Abdoulaye, Fazekas, Mihaly
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/663441555954348673/Auction-Length-and-Prices-Evidence-from-Random-Auction-Closing-in-Brazil
http://hdl.handle.net/10986/31583