Efficiency in public procurement: an approach based on compatibility of interests

Authors

DOI:

https://doi.org/10.31501/ealr.v14i3.13069

Keywords:

Dor anterior no joelho, Disfunção Femoropatelar, Avaliação, Exame Físico, Fisioterapia

Abstract

This research analyzes the efficiency of incentives granted to Small and Micro Enterprises (SMEs) in public contracts. Through the Particle Swarm Optimization and the K-means algorithm, SMEs' performance with different financial capacities was simulated. The results show that SMEs can increase their profits by up to 1.42 times by adopting a trading selection strategy compatible with their financial capacity. The results also show that the profile of the auctions in which SMEs participate are incompatible with the auction portfolio that interests them. These results suggest that the law that divides the trading session into lots is not as efficient as suggested, but that the adjustment of that law may make the interest of the buyer-public and SMEs compatible. This research's fundamental contribution is to reveal that the legislation must seek to reconcile the private interest to the public interest so that laws and regulations are indeed effective.

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Published

2024-02-29

Issue

Vol. 14 No. 3 (2023): Economic Analysis of Law Review

Section

Papers

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