EKONOMICKÉ EFEKTY ELEKTRONICKÝCH AUKCIÍ NA SLOVENSKU

The paper examines use of electronic auctions (e-auctions) as an allocation mechanism in public procurement in Slovak public sector. It is based on data from 32 procurement bodies and 725 procurements in the public sector in the period 2008 – 2010. Our findings are that e-auctions bring average savings of 10 – 12% though their implementation is not free. We recommend that future research quantify costs associated with introduction of e-auctions. The paper also demonstrates that the key variables influencing level of savings can be influenced by the procuring body: number of participants and form of auction (open vs closed).