@article{fc1ff7e53e1442bdace9b773ea57d4ae,
title = "Analysis of entrant and incumbent bidding in public procurement auctions",
abstract = "We empirically investigate differences in cost-effectiveness of public procurement auctions that are won by entrants and incumbents. We use a unique data set that covers all Turkish public procurement auctions for the years 2004 to 2010. We find that procurement prices of auctions won by entrants are significantly lower. More than half of the entrants cannot survive in the public procurement market and cannot win more than one auction. Our results indicate that policymakers should cultivate competition and promote entry in public procurement auctions.",
keywords = "Competition, Cost effectiveness, Entrants, Public procurement auctions, Survival",
author = "Tas, {Bedri Kamil Onur}",
note = "Funding Information: Financial support by the Scientific and Technological Research Council of Turkey project 113K743 is gratefully acknowledged. I am grateful to the Public Procurement Authority of Turkey (PPAT) for providing the data used in this paper. The data set is publicly available, and the PPAT of Turkey should be contacted for the complete data set. Funding Information: * TOBB University of Economics and Technology, Sogutozu Street 43, Ankara, 06560, Turkey (onurtas@etu.edu.tr). Financial support by the Scientific and Technological Research Council of Turkey project 113K743 is gratefully acknowledged. I am grateful to the Public Procurement Authority of Turkey (PPAT) for providing the data used in this paper. The data set is publicly available, and the PPAT of Turkey should be contacted for the complete data set. Publisher Copyright: {\textcopyright} 2019 Mohr Siebeck.",
year = "2019",
doi = "10.1628/FA-2019-0002",
language = "English",
volume = "75",
pages = "187--204",
journal = "FinanzArchiv",
issn = "0015-2218",
publisher = "JCB Mohr",
number = "2",
}