Limited competition has been a serious concern in infrastructure procurement. Importantly, however, there are normally a number of potential bidders initially showing interest in proposed projects. This paper focuses on tackling the question why these initially interested bidders fade out. An empirical problem is that no bids of fading-out firms are observable. They could decide not to enter the process at the beginning of the tendering or may be...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2009/03/01
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Рабочий документ в рамках исследования вопросов политики
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WPS4855
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1
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1
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2010/07/01
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Disclosed
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Bidders' entry and auctioneer's rejection : applying a double selection model to road procurement auctions
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water supply and sanitation sector
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