Marketing Papers
Document Type
Technical Report
Date of this Version
10-2011
Publication Source
American Economic Review, The
Volume
101
Issue
6
Start Page
2653
Last Page
2686
DOI
10.1257/aer.101.6.2653
Abstract
We use data from highway procurement auction subject to California's Small Business Preference program to study the effect of bid preferences on auction outcomes. Our analysis is based on an estimated model of firms' bidding and participation decisions, which allows us to evaluate the effects of current and alternative policy designs. We show that incorporating participation responses siginificantly alters the assessment of preferential treatment policies.
Copyright/Permission Statement
Copyright © 2011 The American Economic Association.
Recommended Citation
Krasnokutskaya, E., & Seim, K. (2011). Bid Preference Programs and Participation in Highway Procurement Auctions. American Economic Review, The, 101 (6), 2653-2686. http://dx.doi.org/10.1257/aer.101.6.2653
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Date Posted: 15 June 2018
This document has been peer reviewed.