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Public agencies rely on two key modes to procure goods and services: auctions and direct negotiations. The relative … passenger railway services in Germany, where regional agencies can use auctions and negotiations to procure regional passenger … legal framework. We first characterize the decisions of the agency in a simple reduced form framework of negotiations and …
Persistent link: https://www.econbiz.de/10009275960
-offer negotiations to a model schedule approach that sets ambitious objectives - ideally full national treatment for the major backbone …
Persistent link: https://www.econbiz.de/10005124100
negotiations, its increased bargaining power and its eventual incentives to follow the US defections. …
Persistent link: https://www.econbiz.de/10005124246
be derived from the recent outcomes of climate negotiations. Even though an equitable sharing of the costs of controlling …
Persistent link: https://www.econbiz.de/10005136584
: the stakes are substantial, there are no restrictions on the negotiations or the terms of a deal, outside options are …
Persistent link: https://www.econbiz.de/10005136675
post. We show that this is achieved by bilateral negotiations but not by auctions. Negotiations strictly outperforms … if the buyer's bargaining position is sufficiently strong. Moreover, we show that negotiations provide stronger … use of negotiations as a procurement mechanism in private industry. …
Persistent link: https://www.econbiz.de/10011096108
No international regime on climate change is going to be fully effective in controlling GHG emissions without the involvement of countries such as China, India, the United States, Australia, and possibly other developing countries. This highlights an unambiguous weakness of the Kyoto Protocol,...
Persistent link: https://www.econbiz.de/10005114398
and show how the induced game can be used to explain certain features of the wage negotiations for which the conciliation …
Persistent link: https://www.econbiz.de/10005666512
Which is the more profitable way to sell a company: a public auction or an optimally structured negotiation with a smaller number of bidders? We show that under standard assumptions the public auction is always preferable, even if it forfeits all the seller's negotiating power, including the...
Persistent link: https://www.econbiz.de/10005666938
This Paper develops a model of child custody based on an incomplete-contract approach to the allocation of property rights. Because of the presence of transaction costs in marriage, altruistic parents cannot contract upon the investments they make into their children, but can reduce the...
Persistent link: https://www.econbiz.de/10005788987