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...
| Publicado en: | RAND Journal of Economics (Wiley-Blackwell) Vol. 49; no. 3; pp. 594 - 619 |
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| Formato: | Artículo |
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Wiley-Blackwell
Fall2018
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| Acceso en línea: | Ver este registro en EBSCOhost |