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SUMMARY:Competition in London local bus tendering - Professor Michael Wate
 rson\, University of Warwick
DTSTART:20180220T170000Z
DTEND:20180220T180000Z
UID:TALK101767@talks.cam.ac.uk
CONTACT:Emily Brown
DESCRIPTION:Under recurrent procurement\, the awarding of a contract to a 
 firm may put it in an advantageous position in future tenders\, which may 
 reduce competition over time. The paper first studies the dynamics of comp
 etition for tendered contracts\, focusing on factors that may generate inc
 umbent advantage. It then applies insights from that literature to analyse
  empirically the evolution of competition in the market for local bus serv
 ices in London using a sample of repeated contracts for the same object.
LOCATION:W2.01\, Cambridge Judge Business School
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