An Evaluation of a Bidder Training Program

43 Pages Posted: 8 Nov 2013 Last revised: 13 Jun 2019

See all articles by Dakshina G. De Silva

Dakshina G. De Silva

Department of Economics, Lancaster University Management School

Timothy P. Hubbard

Colby College - Department of Economics

Georgia Kosmopoulou

University of Oklahoma - Department of Economics

Date Written: June 12, 2019

Abstract

In an effort to accommodate a change in the Federal Highway Administration's goals towards race-neutral methods concerning the involvement of Disadvantaged Business Enterprises in contracting, the Texas Department of Transportation created a bidder training program. Using ten years of data, we examine the effects this program had on bidder behavior, project costs for the government, and the ability of these firms to compete. Unlike other policies that target these firms, we find the program generated substantial savings for the state which come at a very low cost.

Keywords: Auctions, bidder training, disadvantaged business enterprises

JEL Classification: C54, D44

Suggested Citation

De Silva, Dakshina G. and Hubbard, Timothy P. and Kosmopoulou, Georgia, An Evaluation of a Bidder Training Program (June 12, 2019). Available at SSRN: https://ssrn.com/abstract=2351808 or http://dx.doi.org/10.2139/ssrn.2351808

Dakshina G. De Silva (Contact Author)

Department of Economics, Lancaster University Management School ( email )

Lancaster LA1 4YX
United Kingdom

Timothy P. Hubbard

Colby College - Department of Economics ( email )

Waterville, ME 04901
United States

Georgia Kosmopoulou

University of Oklahoma - Department of Economics ( email )

633 Elm Avenue
306 Ellison Hall
Norman, OK 73019
United States
405-325-3083 (Phone)
405-325-5842 (Fax)

HOME PAGE: http://georgiakosmopoulou.oucreate.com/

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