Operations Research Letters
IF 2020 : 1.154 |
AI 2020 : 0.551
Score auctions are used in procurement to incorporate other attributes beyond price. We establish nonparametric econometric identification of bidders’ pseudotypes (a measure of bidder’s private cost), when bids are evaluated using a preannounced quasi-linear score, calculated on the basis of the submitted levels of the attributes. Hence, we extend the standard nonparametric method for independent private costs sealed-bid, first price auctions, to multi-attribute quasi-linear score auctions. We illustrate the result with an application to scoring bid data.
Publicado en: Operations Research Letters
Artículo: ISI , Analítica de Negocios