Analysis of Transparency in the Field of Public Procurement through Mathematical
Models - Competitive Procedure and Cartels Equilibrium
Analysis of Transparency in the Field of Public Procurement through Mathematical
Models - Competitive Procedure and Cartels Equilibrium
Author(s): Radek JurčíkSubject(s): Economy, Business Economy / Management, Accounting - Business Administration
Published by: Reprograph
Keywords: Anova model; bid rigging cartel; Kuhn-Tucker model; mathematical models; public administration; public procurement regulation and law; business public contracts;
Summary/Abstract: This article concerns the analysis of transparency of public procurement using mathematical methods. With transparency in public procurement relates type of award procedures. Transparency in the use of restricted award procedure and open procedure is analyzed by ANOVA model. There are another aspects leading to less transparency in the field of public procurement. One of them is bid rigging cartels. This non-transparency aspect is evaluated through the Kuhn-Tucker model. In these two examples, the obvious benefit of mathematical modeling of the behavior of suppliers and authorities acting under public procurement law.
Journal: Journal of Applied Economic Sciences (JAES)
- Issue Year: XIII/2018
- Issue No: 58
- Page Range: 881-889
- Page Count: 9
- Language: English