Bidding, competition and price: analysis of the Auctions Act based on competition and price formation models
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Abstract
Competition is fundamental for the success of a bidding process, in order to get the best price. This paper discusses the competition models proposed by the economic theory, especially questioning if the procedures of the current Auctions Act can guarantee the competition that those models theorize. Therefore, it intends to bring a contribution for a consensual and interdisciplinary bidding model.
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How to Cite
Costa, A. L. (1998). Bidding, competition and price: analysis of the Auctions Act based on competition and price formation models. Brazilian Journal of Public Administration, 32(3), 195 a 208. Retrieved from https://periodicos.fgv.br/rap/article/view/7741
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