Ward, H and John, P (2008) A Spatial Model of Competitive Bidding for Government Grants: Why Efficiency Gains Are Limited. Journal of Theoretical Politics, 20 (1). pp. 47-66. DOI https://doi.org/10.1177/0951629807084039
Ward, H and John, P (2008) A Spatial Model of Competitive Bidding for Government Grants: Why Efficiency Gains Are Limited. Journal of Theoretical Politics, 20 (1). pp. 47-66. DOI https://doi.org/10.1177/0951629807084039
Ward, H and John, P (2008) A Spatial Model of Competitive Bidding for Government Grants: Why Efficiency Gains Are Limited. Journal of Theoretical Politics, 20 (1). pp. 47-66. DOI https://doi.org/10.1177/0951629807084039
Abstract
With a view to improving public sector efficiency many governments now make public sector bodies competitively bid for funding. We model the bidding process as a game of spatial competition. Using Monte Carlo simulations we show that in efficient equilibria many bidding groups will not be under competitive pressure. The model suggests that this is because their ideal projects are inherently valuable for the funding agency and other groups cannot match this without departing so far from their ideal that they would rather not be successful. We test the hypothesis that competition will be limited largely to groups whose preferred projects are of medium quality on data from the UK Single Regeneration Budget. Using resubmitted bids to track the impact of competition, we find evidence consistent with this hypothesis.
Item Type: | Article |
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Uncontrolled Keywords: | competition; bidding; public sector; grants |
Subjects: | J Political Science > JA Political science (General) |
Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Government, Department of |
SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
Depositing User: | Unnamed user with email elements@essex.ac.uk |
Date Deposited: | 14 Sep 2013 21:31 |
Last Modified: | 05 Dec 2024 16:53 |
URI: | http://repository.essex.ac.uk/id/eprint/7668 |