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Corruption in procurement auctions

Lengwiler, Yvan and Wolfstetter, Elmar. (2006) Corruption in procurement auctions. In: Handbook of Procurement : Theory and Practice for Managers. Cambridge, pp. 412-429.

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Official URL: http://edoc.unibas.ch/dok/A5253756

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Abstract

We review different kinds of corruption that have been observed in procurement auctions and categorize them. We discuss means to avoid corruption, by choice of preferable auction formats, or with the help of technological tools, such as secure electronic bidding systems. Auctions that involve some soft elements, such as complex bids consisting of technical and financial proposals, are particularly prone to corruption. We do not believe that it is possible to eradicate corruption altogether in such situations, but we discuss means to make it less likely.
Faculties and Departments:06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > Finanzmärkte (Lengwiler)
UniBasel Contributors:Lengwiler, Yvan
Item Type:Book Section, refereed
Book Section Subtype:Book Chapter
Bibsysno:Link to catalogue
Publisher:Cambridge University Press
Note:Publication type according to Uni Basel Research Database: Book item
Identification Number:
Last Modified:14 Dec 2017 13:20
Deposited On:22 Mar 2012 14:15

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