With the aim of creating a solid scientific and technological baseline for the country, the Regular Fondecyt 2018 Contest selected 518 projects nationwide. The MIPP Millennium Institute stood out, being selected for three proposals from its researchers.
The first proposal corresponds to Rahmi Ilkilic, Adjunct Researcher of the Millennium Institute MIPP, and an academic at the Industrial Engineering department, who will carry out the research entitled “Public procurement auctions with bid subsidies and quotas”, whose objective is to identify designs of public tenders that favour small and medium companies without harming competition and efficiency.
“In many tenders there are a few large firms but many SMEs. In those cases, a well-designed tender can increase competition among large firms, using quotas or subsidies that favour SMEs. But if there are only a few quotas or subsidies allocated, we will not achieve the desired effect, and if too much is allocated, this would lower efficiency. The project tries to find designs that increase competition without decreasing efficiency, using quotas or subsidies that favour SMEs,” he explains.
For his part, the Director of the Institute and academic at Industrial Engineering, Juan Escobar, was awarded funding for the project “Timing in repeated interactions”.
“This project seeks to show that when agents interact more frequently, cooperation can become more difficult (even impossible). This is surprising, “says Escobar.
“This project could change the way economists think about repeated interactions,” he says.
Finally, Patricio Valdivieso, a researcher at the MIPP Institute, working from the University of Los Lagos, obtained funding for the project “Institutional Drivers of Environmental Disaster Reduction Management: A Comparative Study of Local Government Decisions and Outcomes in Chile”, which aims to generate knowledge about factors and institutional processes that affect local risk management at a district level.
MIPP Communications.
MIPP Chile 2024