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Scoring auctions: game theoretic study and its application

Research Project

Project/Area Number 24530195
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Research Field Economic theory
Research InstitutionNagoya University

Principal Investigator

HANAZONO Makoto  名古屋大学, 経済学研究科(研究院), 准教授 (60362406)

Co-Investigator(Kenkyū-buntansha) NAKABAYASHI Jun  東北大学, 大学院経済学研究科, 准教授 (30565792)
Project Period (FY) 2012-04-01 – 2015-03-31
Project Status Completed (Fiscal Year 2014)
Budget Amount *help
¥4,940,000 (Direct Cost: ¥3,800,000、Indirect Cost: ¥1,140,000)
Fiscal Year 2014: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2013: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2012: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
Keywords総合評価方式入札 / ゲーム理論 / 構造推定 / 総合評価入札 / オークション理論 / 均衡分析 / オークションデータ
Outline of Final Research Achievements

This study has contributed to the theory and applications in the basic studies of scoring auctions, in which a procurement buyer selects a supplier based on both price and quality of the procured project through a pre-announced scoring rule.
Our theory extends the scope of analysis in scoring auction. In particular, the scoring rules that the procurement buyer adopts can be quite general, such as price-per-quality ratio, fixed-price best proposal, and other nonlinear scoring rules.
We also develop the method of structural estimation for scoring auctions, and estimate the model using the auction data of public construction projects conducted by the Ministry of Land, Infrastructure, Transport and Tourism of Japan. We confirm that the data and the theoretical prediction are consistent.

Report

(4 results)
  • 2014 Annual Research Report   Final Research Report ( PDF )
  • 2013 Research-status Report
  • 2012 Research-status Report
  • Research Products

    (19 results)

All 2015 2014 2013 Other

All Journal Article (1 results) Presentation (18 results) (of which Invited: 12 results)

  • [Journal Article] Procurement Auctions with General Price-Quality Evaluation2013

    • Author(s)
      Makoto Hanazono, Jun Nakabayashi, Masanori Tsuruoka
    • Journal Title

      KIER Discussion Paper Series

      Volume: 845 Pages: 1-24

    • Related Report
      2012 Research-status Report
  • [Presentation] Procurement Auctions with General Price-Quality Evaluation2015

    • Author(s)
      花薗 誠
    • Organizer
      マイクロワークショップ
    • Place of Presentation
      東京大学
    • Year and Date
      2015-04-21
    • Related Report
      2014 Annual Research Report
    • Invited
  • [Presentation] Procurement Auctions with General Price-Quality Evaluation2015

    • Author(s)
      花薗 誠
    • Organizer
      6th Conference on Mathematical Analysis in Economic Theory
    • Place of Presentation
      慶應義塾大学
    • Year and Date
      2015-01-28
    • Related Report
      2014 Annual Research Report
    • Invited
  • [Presentation] Procurement Auctions with General Price-Quality Evaluation2014

    • Author(s)
      花薗 誠
    • Organizer
      International Workshop on Industrial Organization
    • Place of Presentation
      高麗大学
    • Year and Date
      2014-12-12
    • Related Report
      2014 Annual Research Report
    • Invited
  • [Presentation] Procurement Auctions with General Price-Quality Evaluation2014

    • Author(s)
      花薗 誠
    • Organizer
      Japan-Taiwan-Hong Kong Contract Theory Conference
    • Place of Presentation
      香港大学
    • Year and Date
      2014-12-06
    • Related Report
      2014 Annual Research Report
    • Invited
  • [Presentation] Procurement Auctions with General Price-Quality Evaluation2014

    • Author(s)
      花薗 誠
    • Organizer
      兼松セミナー
    • Place of Presentation
      神戸大学 経済経営研究所
    • Year and Date
      2014-11-28
    • Related Report
      2014 Annual Research Report
    • Invited
  • [Presentation] Structural Estimation of the Scoring Auction Model2014

    • Author(s)
      中林 純
    • Organizer
      経済産業研究所 セミナー
    • Place of Presentation
      経済産業研究所
    • Year and Date
      2014-09-16
    • Related Report
      2014 Annual Research Report
    • Invited
  • [Presentation] Structural Estimation of the Scoring Auction Model

    • Author(s)
      中林 純
    • Organizer
      International Industrial Organization Conference
    • Place of Presentation
      ボストン(米国)
    • Related Report
      2013 Research-status Report
  • [Presentation] Structural Estimation of the Scoring Auction Model

    • Author(s)
      中林 純
    • Organizer
      European Association for Research in Industrial Economics
    • Place of Presentation
      エボラ(ポルトガル)
    • Related Report
      2013 Research-status Report
  • [Presentation] Structural Estimation of the Scoring Auction Model

    • Author(s)
      中林 純
    • Organizer
      一橋大学ICSファカルティセミナー
    • Place of Presentation
      一橋大学
    • Related Report
      2013 Research-status Report
    • Invited
  • [Presentation] Structural Estimation of the Scoring Auction Model

    • Author(s)
      中林 純
    • Organizer
      Grips seminar in Economics
    • Place of Presentation
      政策研究大学院大学
    • Related Report
      2013 Research-status Report
    • Invited
  • [Presentation] Procurement Auctions with General Price-Quality Evaluation

    • Author(s)
      花薗 誠
    • Organizer
      Micro Lunch seminar
    • Place of Presentation
      Pompeu Fabra University
    • Related Report
      2013 Research-status Report
    • Invited
  • [Presentation] Procurement Auctions with General Price-Quality Evaluation

    • Author(s)
      花薗 誠
    • Organizer
      Contract Theory Workshop
    • Place of Presentation
      京都大学経済研究所
    • Related Report
      2013 Research-status Report
    • Invited
  • [Presentation] Procurement Auctions with General Price-Quality Evaluation

    • Author(s)
      花薗 誠
    • Organizer
      Micro seminar
    • Place of Presentation
      University Autonoma Barcelona
    • Related Report
      2013 Research-status Report
    • Invited
  • [Presentation] Procurement Auctions with General Price-Quality Evaluation

    • Author(s)
      花薗 誠
    • Organizer
      Economic Theory Seminar
    • Place of Presentation
      National University of Singapore
    • Related Report
      2013 Research-status Report
    • Invited
  • [Presentation] A THEORETICAL ANALYSIS OF SCORING AUCTIONS WITH NON-QUASI-LINEAR-FORM SCORING RULES

    • Author(s)
      Makoto Hanazono (speaker), Jun Nakabayashi, Masanori Tsuruoka
    • Organizer
      Econometric Society European Meeting 2013
    • Place of Presentation
      Malaga, Spain
    • Related Report
      2012 Research-status Report
  • [Presentation] A THEORY OF MULTI-DIMENSIONAL AUCTIONS WITH NON-QUASI-LINEAR-FORM SCORING RULES

    • Author(s)
      Makoto Hanazono, Jun Nakabayashi (speaker), Masanori Tsuruoka
    • Organizer
      European Association for Research in Industrial Economics 2013
    • Place of Presentation
      Rome, Italy
    • Related Report
      2012 Research-status Report
  • [Presentation] An Empirical Analysis on Scoring Auctions: Comparison between Quasi-linear and Price-quality Ratio Awarding Rules

    • Author(s)
      中林純(報告者)、広瀬要輔
    • Organizer
      日本経済学会秋季大会2013年
    • Place of Presentation
      九州産業大学
    • Related Report
      2012 Research-status Report
  • [Presentation] Structural Estimation of the Scoring Auction Model

    • Author(s)
      Yohsuke Hirose, Jun Nakabayashi (speaker)
    • Organizer
      International Industrial Organization Conference
    • Place of Presentation
      Boston, US
    • Related Report
      2012 Research-status Report

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Published: 2013-05-31   Modified: 2019-07-29  

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