Auctions vs negotiations: a study of price differentials

被引：8
|
作者：
Kjerstad, E [1 ]
机构：
[1] Inst Res Econ, Bergen, Norway
来源：
HEALTH ECONOMICS | 2005年 / 14卷 / 12期
关键词：
auction; bargaining; price differentials; endogenous market structure;
D O I：
10.1002/hec.1004
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Recent contributions in auction and bargaining theory Suggest that a procurer should place more faith in the power of competition among alternative suppliers than in his or her own negotiating skill. Based on data from 216 contracts between procurers and suppliers of medical and surgical articles, we test whether auctions and bargaining result in significantly different prices. The main results are that auctions give 'thicker' markets compared with negotiations, as expected, but that auctions do not result in significantly lower prices compared with negotiations. Copyright (c) 2005 John Wiley & Sons, Ltd.
引用
收藏
页码：1239 / 1251
页数：13
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