Strategic design under uncertain evaluations: structural analysis of design‐build auctions.

Abstract: I investigate firms' competition over price and product design under uncertain design evaluations in the context of Design‐Build (DB) auctions. Reviewers' design evaluations contain uncertainty from a bidder's perspective, leading luck to dampen differences in the firms' chances of winning...

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Detalles Bibliográficos
Publicado en:RAND Journal of Economics (Wiley-Blackwell) Vol. 49; no. 3; pp. 594 - 619
Autor principal: Takahashi, Hidenori
Formato: Artículo
Publicado: Wiley-Blackwell Fall2018
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Acceso en línea:Ver este registro en EBSCOhost