STICERD Industrial Organisation Seminars
Structuring Subcontracting in Procurement Markets
Elena Krasnokutskaya (Johns Hopkins), joint with Jorge Balat and Tatiana Komarova
Monday 13 May 2019 12:30 - 14:00
Due to the onging coronavirus outbreak, many of our seminars and public events this year will continue as online seminars. Please check our website listings and Twitter feed @STICERD_LSE for updates.
About this event
This paper provides a novel evidence (based on a new dataset) on bidding and subcontracting behavior of primary contractors participating in California highway procurement market. We develop a model of procurement auction with subcontracting stage which is capable of rationalizing the patterns documented in the data. Next, we use this framework to evaluate the welfare implications of several alternative subcontracting arrangements that are frequently employed in government procurement.
Industrial Organisation seminars are held on Mondays in term time at 12:30-14:00, ONLINE, unless specified otherwise.
Seminar organiser: Alessandro Gavazza.
For further information please contact Lubala Chibwe, either by email: email@example.com.
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