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Factors influencing savings from electronic auctions
Department of Marketing and Business, Faculty of Economics, VŠB-TU Ostrava, Ostrava, Czech Republic.ORCID iD: 0000-0002-0604-5686
2014 (English)In: Central European Review of Economic Issuer (CEREI), ISSN 1212-3951, Vol. 17, p. 209-216Article in journal (Other academic) Published
Abstract [en]

The ratio of public procurement undertaken through reverse electronic auctions is increasing rapidly. Czech and Slovak municipalities use this tool to save public funds through fostering direct competition between suppliers and to increase transparency. The main aim of this paper is to analyse the savings achieved through e-auctions and the factors influencing these. Five variables are tested to establish whether they influence the savings: num-ber of participants (potential suppliers) in the e-auction, total value of the e-auction, size and country of origin of the municipality, and category of the procured product or service. Several methods are used to test independence. All of these factors except the country of origin influence the savings gained, which is in accordance with the findings of existing research.

Place, publisher, year, edition, pages
VŠB-TU Ostrava , 2014. Vol. 17, p. 209-216
Keywords [en]
Electronic auctions, Non-parametric tests, Public procurement, savings
National Category
Business Administration
Identifiers
URN: urn:nbn:se:oru:diva-76939DOI: 10.7327/cerei.2014.12.05OAI: oai:DiVA.org:oru-76939DiVA, id: diva2:1356593
Available from: 2019-10-01 Created: 2019-10-01 Last updated: 2019-10-02Bibliographically approved

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CiteExportLink to record
Permanent link

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Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
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  • Other style
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Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf