"When you can measure what you are speaking about, and express it in numbers, you know something about it; but when you cannot express it in numbers, your knowledge is of a meagre and unsatisfactory kind; it may be the beginning of knowledge, but you have scarcely, in your thoughts, advanced to the stage of science, whatever the matter may be."
Lord Kelvin

Tag Archives: overpricing

Competitive Intensity, Overpricing, Corruption Risks and Crony Capitalism in Hungary 2009-2015

Presentations, Publicationscompetitive intensity, corruption risks, crony capitalism, overpricing

16 September 2016

Istvan Janos Toth presented the CRCB’s new research results in William Gates Building of Computer Laboratory at the conference ”Frontiers of Data Science for Government: Ideas, Practices, and Projections. Data for Policy -2016” organised by University of Cambridge.

The presentation dealt with corruption risk detection, measuring of competitive intensity and the new way to analyse overpricing suggested by the CRCB’s researchers. Based on statistical analysis of 127,000 Hungarian public read more

The detection of overpricing at EU funded public procurement in Hungary

Publications, Research Notes, Short PapersEU funds, overpricing, public procurement

7 September 2016

The analysis of first digits of contract prices indicates that the contract prices of all Hungarian public procurement fits into the theoretical distribution for the whole period. But there are crucial differences in price distortion among the contract prices in each year. Price distortion was increasing throughout the whole period; while in 2009 and 2010 contract prices fitted well into the theoretical distribution, after those years the ratio of price distortion got more and read more