Project Description
Seminar at Hinitsa Hotel presented by,
Georgia Kosmopoulou
Program Director in Economics, National Science Foundation
Professor of Economics
Edith Kinney Gaylord Presidential Professor
University of Oklahoma
Subject: An introduction to auction theory
Topics covered:
- Describe the different type of auctions
- Provide a justification for the predominant use of one form of auctions in Public Procurement (advantages and disadvantages of various auction formats)
- Discuss strategic decisions in contracting and briefly remark onthe impact of negotiations
- Discuss two empirical examples within the context of public procurement. Examine contracting practices, policy and firm survival