Public procurement: the role of cognitive heuristics
Mark Crowder
Public Money & Management, 2015, vol. 35, issue 2, 127-134
Abstract:
Public procurement processes have been extensively studied, but previous research has not sought to explain public procurement in terms of cognitive heuristics. This paper examines the award of a large public sector contract and outlines how the decisions were made. Heuristics were used throughout the process. Three heuristics-EBA, conjunctive, and WADD-were used in combination to reduce the number of bidders for the contract from a somewhat unmanageable 63 down to four. This paper allows the underlying stages to be viewed from this perspective and therefore it explores procurement in a way that sheds new light on the processes involved.
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:taf:pubmmg:v:35:y:2015:i:2:p:127-134
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DOI: 10.1080/09540962.2015.1007707
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