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Factors of price distortions in government procurement of investment goods

Факторы ценовых искажений при осуществлении государственных закупок товаров инвестиционного назначения

Dmitry Gordeev, Kaukin, Andrei (Каукин, Андрей) () and Aleksandr Tomaev
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Kaukin, Andrei (Каукин, Андрей): The Russian Presidential Academy of National Economy and Public Administration

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

Abstract: The article provides a review of foreign literature on the analysis of pricing for cars, scientific papers devoted to explaining the deviations of purchase prices from the reference ones. Based on the analysis of the existing scientific literature, our own models have been formed. The assessment of the hedonic model of car prices and the model that explains the reasons for the deviation of the actual prices from the predicted ones.

Keywords: Government procurement; investment goods; hedonic models; competition; auctions (search for similar items in EconPapers)
Pages: 64 pages
Date: 2020-05
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