Efficacy of a Bidder Training Program: Lessons from LINC Report as inadecuate




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Abstract

In an effort to accommodate a change in the U.S. Federal Highway Administration-s goals towards -race-neutral methods- concerning the involvement of Disadvantaged Business Enterprises in procurement contracting, the Texas Department of Transportation created a Learning, Information, Networking and Collaboration LINC bidder training program. We examine the costs, benefits, and efficacy of this program using ten years of data, leveraging firm-specific bidding patterns with participation dates. We study participation, entry and bidding patterns of LINC-trained relative to untrained firms. We also analyze market power effects and the survival rates of LINC graduates.



Item Type: MPRA Paper -

Original Title: Efficacy of a Bidder Training Program: Lessons from LINC-

English Title: Efficacy of a Bidder Training Program: Lessons from LINC-

Language: English-

Keywords: Auctions, bidder training, disadvantaged business enterprises-

Subjects: C - Mathematical and Quantitative Methods > C5 - Econometric Modeling > C54 - Quantitative Policy ModelingD - Microeconomics > D4 - Market Structure, Pricing, and Design > D44 - Auctions-





Author: De Silva, Dakshina G.

Source: https://mpra.ub.uni-muenchen.de/51329/







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