Weight values, scoring rules, and abnormally low tenders criteria in multidimensional procurement: Effects on price

González Chapela, Jorge

Resumen: Many weighing functions are currently in use for evaluating quotes in multidimensional procurement. Although these may affect the price paid by the buyer, their design has been little informed by empirical considerations. This paper studies the impacts of weight values, scoring rules, and abnormally low tenders criteria (ALTC) in an original sample of procurements of services. The panel dimension of the data and the rich set of procurement characteristics are exploited to show that convex price scoring rules (PSRs) and increases in the weight for price yield lower prices, whereas independent/interdependent PSRs and different ALTC result in the same price.

Idioma: Inglés

DOI: 10.7866/HPE-RPE.19.1.3

Año: 2019

Publicado en: Hacienda Publica Española 228, 1 (2019), 55-81
ISSN: 0210-1173

Originalmente disponible en: Texto completo de la revista

Factor impacto JCR: 0.55 (2019)

Categ. JCR: ECONOMICS rank: 332 / 371 = 0.895 (2019) - Q4 - T3

Factor impacto SCIMAGO: 0.274 - Finance (Q3) - Economics and Econometrics (Q3)

Tipo y forma: Artículo (Versión definitiva)