How to translate results from auctions to procurements

被引:3
|
作者
de Castro, Luciano I. [2 ]
de Frutos, Maria-Angeles [1 ]
机构
[1] Univ Carlos III Madrid, Dept Econ, E-28903 Getafe, Spain
[2] Univ Illinois, Dept Econ, Urbana, IL 61801 USA
关键词
Procurement; Reverse auctions; Linkage principle; Affiliation; COMPARATIVE STATICS; 1ST PRICE;
D O I
10.1016/j.econlet.2009.10.017
中图分类号
F [经济];
学科分类号
02 ;
摘要
The translation of statements from auctions to procurements is not always straightforward We define a duality relationship between them and provide the appropriate transformations needed for establishing it Additionally. we prove that affiliation is preserved under these transformations and establish the linkage principle for procurements (C) 2009 Elsevier B V All rights reserved.
引用
收藏
页码:115 / 118
页数:4
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