Analysis of the effectiveness of public procurement procedures based on game-theoretic models

Анализ эффективности процедур государственных закупок на основе теоретико-игровых моделей

Zhemkova, Aleksandra (Жемкова, Александра) ()
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Zhemkova, Aleksandra (Жемкова, Александра): The Russian Presidential Academy of National Economy and Public Administration

Working Papers from Russian Presidential Academy of National Economy and Public Administration

Abstract: The paper proposes an approach for modeling and evaluating the process of public procurement from the basis of key findings of auction theory. The study has the following structure: the first chapter provides a literature review devoted to modeling and empirical evaluation of the effectiveness of auctions and the public procurement market. The second chapter provides a brief characteristic of the current state and legal foundations of procurement practices in Russia. The third chapter proposes an empirical assessment of a model of determinants of choosing a public procurement procedure by an auctioneer, and a model for evaluating the effectiveness (by the price of a contract) of existing public procurement procedures. The fourth chapter analyzes the main measures of economic policy in the field of procurement regulation, as well as the applicability of these measures in Russia. At the end of the paper, the main findings of the study and recommendations formed on their basis are presented.

Keywords: public procurement; game theory; game theory models; auctions; competition; dishonest behavior. (search for similar items in EconPapers)
Pages: 51 pages
Date: 2020-05
New Economics Papers: this item is included in nep-cis, nep-com and nep-gth
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