{"title":"围绕投标的腐败会伤害采购商吗?","authors":"Yuanzhu Lu, Xundong Yin, Hu Zhang","doi":"10.1111/manc.12432","DOIUrl":null,"url":null,"abstract":"<p>We consider a model of corruption in the form of surround-bidding in a first-price procurement auction in which bidders' private cost follows uniform distribution. We find that the briber's high-price bidding function is less aggressive than honest suppliers' while his low-price one is more aggressive. As the bribery cost increases, both the briber's low-price and high-price bidding functions become less aggressive. The winning probability and expected profit of the briber increase, while the winning probability and expected profit of honest suppliers decrease. Surprisingly, although the briber's high-price bid may be the winning bid, which is harmful to the procurer, the procurer's expected payment decreases, that is, the procurer benefits from surround-bidding corruption, because the benefit due to more intense competition outweighs the harm caused by the briber's high-price bid.</p>","PeriodicalId":47546,"journal":{"name":"Manchester School","volume":"91 4","pages":"320-335"},"PeriodicalIF":0.7000,"publicationDate":"2023-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Does surround-bidding corruption hurt procurers?\",\"authors\":\"Yuanzhu Lu, Xundong Yin, Hu Zhang\",\"doi\":\"10.1111/manc.12432\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p>We consider a model of corruption in the form of surround-bidding in a first-price procurement auction in which bidders' private cost follows uniform distribution. We find that the briber's high-price bidding function is less aggressive than honest suppliers' while his low-price one is more aggressive. As the bribery cost increases, both the briber's low-price and high-price bidding functions become less aggressive. The winning probability and expected profit of the briber increase, while the winning probability and expected profit of honest suppliers decrease. Surprisingly, although the briber's high-price bid may be the winning bid, which is harmful to the procurer, the procurer's expected payment decreases, that is, the procurer benefits from surround-bidding corruption, because the benefit due to more intense competition outweighs the harm caused by the briber's high-price bid.</p>\",\"PeriodicalId\":47546,\"journal\":{\"name\":\"Manchester School\",\"volume\":\"91 4\",\"pages\":\"320-335\"},\"PeriodicalIF\":0.7000,\"publicationDate\":\"2023-03-07\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Manchester School\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://onlinelibrary.wiley.com/doi/10.1111/manc.12432\",\"RegionNum\":4,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Manchester School","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/manc.12432","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
We consider a model of corruption in the form of surround-bidding in a first-price procurement auction in which bidders' private cost follows uniform distribution. We find that the briber's high-price bidding function is less aggressive than honest suppliers' while his low-price one is more aggressive. As the bribery cost increases, both the briber's low-price and high-price bidding functions become less aggressive. The winning probability and expected profit of the briber increase, while the winning probability and expected profit of honest suppliers decrease. Surprisingly, although the briber's high-price bid may be the winning bid, which is harmful to the procurer, the procurer's expected payment decreases, that is, the procurer benefits from surround-bidding corruption, because the benefit due to more intense competition outweighs the harm caused by the briber's high-price bid.
期刊介绍:
The Manchester School was first published more than seventy years ago and has become a distinguished, internationally recognised, general economics journal. The Manchester School publishes high-quality research covering all areas of the economics discipline, although the editors particularly encourage original contributions, or authoritative surveys, in the fields of microeconomics (including industrial organisation and game theory), macroeconomics, econometrics (both theory and applied) and labour economics.