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The article deals with auctions in relation to the placement of government orders. The game-theoretic models of the reverse auction of the first price and the reverse Vickrey auction are described. The analysis of the considered models is carried out on the basis of certain principles of optimality of the mathematical theory of games, namely, the concepts of non-dominated and dominant strategies. Practical recommendations are given for using the proposed competitive mechanisms to solve the problem of overestimation of future costs by auction participants.
Translated title of the contributionGame-Theoretic Models of Competitive Mechanisms in Public Procurement Abstract
Original languageRussian
Title of host publicationСедьмой международный экономический симпозиум — 2023
EditorsОтар Маргания, Виктор Титов
Place of PublicationСанкт-Петербург
PublisherСкифия-принт
Pages404 - 409
Number of pages6
ISBN (Electronic)978-5-00197-111-5
StatePublished - 2023
Event Седьмой международный экономический симпозиум — 2023. : X Международная научно-практическая конференция «Устойчивое развитие: общество и экономика» - СПбГУ, Санкт-Петербург, Russian Federation
Duration: 20 Apr 202322 Apr 2023
Conference number: X
https://elibrary.ru/item.asp?id=60274669&selid=60275103

Conference

Conference Седьмой международный экономический симпозиум — 2023.
Abbreviated titleМЭС - 2023
Country/TerritoryRussian Federation
CityСанкт-Петербург
Period20/04/2322/04/23
Internet address

    Scopus subject areas

  • Economics, Econometrics and Finance(all)

    Research areas

  • public procurement, auction Vickrey, competitive mechanism, game-theoretic models of auctions

ID: 118163660