Elena Krasnokutskaya, Johns Hopkins University

Elena Krasnokutskaya, Johns Hopkins University

Kalai Family Workshop in Econometrics
Dec 11 2017

“Ex-ante and Ex-post Subcontracting in Highway Procurement Markets,” a joint work with Jorge Balat and Tatiana Komarova

Abstract: This paper provides a novel evidence (based on a new dataset) on bidding and subcontracting behavior of primary contractors participating in California highway procurement market. We develop a model of procurement auction with subcontracting stage which is capable of rationalizing the patterns documented in the data. We use this framework to assess the implications of ex-ante subcontracting rule which is frequently imposed in government procurement.
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