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Auction scope, scale and pricing format : agent-based simulation of the performance of a water quality tender

report
posted on 06.12.2017, 00:00 by A Hailu, R Greiner, John RolfeJohn Rolfe, Jill WindleJill Windle
This report presents results from an agent-based modelling study undertaken as a component of the Lower Burdekin Dry Tropics Water Quality Improvement Tender Project. The project was developed with the aim of exploring issues of scope and scale in tender design (Rolfe et al. 2007). It involved the conducting of a trial auction, an experimental workshop and this agent-based modelling (or computational experiments) component. The objectives of the project are to assess whether and how increases in scale and scope of a tender may lead to efficiency gains and investigate the extent to which these gains might be offset as a result of higher transaction costs and/or lower participation rates.

Funding

Other

History

Publisher

Centre for Environmental Management, Central Queensland University

Place of Publication

Rockhampton, Qld.

Open Access

No

External Author Affiliations

Burdekin Dry Tropics Natural Resource Management Group; Centre for Environmental Management; River Consulting (Firm); University of Western Australia;

Era Eligible

No

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