Efficacy of a Bidder Training Program: Lessons from LINC

Dakshina De Silva, Timothy Hubbard and Georgia Kosmopoulou

MPRA Paper from University Library of Munich, Germany

Abstract: In an effort to accommodate a change in the U.S. Federal Highway Administration's goals towards "race-neutral methods" concerning the involvement of Disadvantaged Business Enterprises in procurement contracting, the Texas Department of Transportation created a Learning, Information, Networking and Collaboration (LINC) bidder training program. We examine the costs, benefits, and efficacy of this program using ten years of data, leveraging firm-specific bidding patterns with participation dates. We study participation, entry and bidding patterns of LINC-trained relative to untrained firms. We also analyze market power effects and the survival rates of LINC graduates.

Keywords: Auctions; bidder training; disadvantaged business enterprises (search for similar items in EconPapers)
JEL-codes: C54 D44 (search for similar items in EconPapers)
Date: 2013-11-06
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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https://mpra.ub.uni-muenchen.de/65862/1/MPRA_paper_65862.pdf revised version (application/pdf)

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