Mass, Helene, Fugger, Nicolas, Gretschko, Vitali and Wambach, Achim (2020). Imitation Perfection-A Simple Rule to Prevent Discrimination in Procurements. Am. Econ. J.-Microecon., 12 (3). S. 189 - 246. NASHVILLE: AMER ECONOMIC ASSOC. ISSN 1945-7685
Full text not available from this repository.Abstract
Procurement regulation. aimed at curbing discrimination requires equal treatment of sellers. However, Deb and Pai (2017) show that such regulation imposes virtually no restrictions on the ability to discriminate. We propose a simple rule-imitation perfection-that restricts discrimination significantly. It ensures that in every equilibrium, bidders with the same valuation distribution and the same valuation earn the same expected utility. If all bidders are homogeneous, revenue and social surplus optimal auctions consistent with imitation perfection exist. For heterogeneous bidders, however, it is incompatible with revenue and social surplus optimization. Thus, a trade-off between non-discrimination and optimality exists.
Item Type: | Journal Article | ||||||||||||||||||||
Creators: |
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URN: | urn:nbn:de:hbz:38-324963 | ||||||||||||||||||||
DOI: | 10.1257/mic.20160250 | ||||||||||||||||||||
Journal or Publication Title: | Am. Econ. J.-Microecon. | ||||||||||||||||||||
Volume: | 12 | ||||||||||||||||||||
Number: | 3 | ||||||||||||||||||||
Page Range: | S. 189 - 246 | ||||||||||||||||||||
Date: | 2020 | ||||||||||||||||||||
Publisher: | AMER ECONOMIC ASSOC | ||||||||||||||||||||
Place of Publication: | NASHVILLE | ||||||||||||||||||||
ISSN: | 1945-7685 | ||||||||||||||||||||
Language: | English | ||||||||||||||||||||
Faculty: | Unspecified | ||||||||||||||||||||
Divisions: | Unspecified | ||||||||||||||||||||
Subjects: | no entry | ||||||||||||||||||||
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URI: | http://kups.ub.uni-koeln.de/id/eprint/32496 |
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