An evaluation of a bidder training program

Dakshina De Silva, Timothy Hubbard and Georgia Kosmopoulou

International Journal of Industrial Organization, 2020, vol. 72, issue C

Abstract: In an effort to accommodate a change in the Federal Highway Administration’s goals towards race-neutral methods concerning the involvement of Disadvantaged Business Enterprises in contracting, the Texas Department of Transportation created a bidder training program. Using ten years of data, we examine the effects this program had on bidder behavior, project costs for the government, and the ability of these firms to compete. Unlike other policies that target these firms, we find the program generated substantial savings for the state which come at a very low cost.

Keywords: Auctions; Bidder training; Disadvantaged business enterprises (search for similar items in EconPapers)
JEL-codes: D44 H57 R42 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:indorg:v:72:y:2020:i:c:s0167718720300849

DOI: 10.1016/j.ijindorg.2020.102661

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