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Auctions vs Negotiations in Public Procurement: Which Works Better?

Lalive, Rafael; Schmutzler, Armin - C.E.P.R. Discussion Papers - 2011

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

The Pit and the Pendulum: Arbitration in the British Coal Industry, 1893-1914

Treble, John - C.E.P.R. Discussion Papers - 1989

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

Auctions vs. Negotiations

Bulow, Jeremy I.; Klemperer, Paul - C.E.P.R. Discussion Papers - 1994

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

An Economic Model of Child Custody

Francesconi, Marco; Muthoo, Abhinay - C.E.P.R. Discussion Papers - 2003

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

Stable Coalitions

Carraro, Carlo; Marchiori, Carmen - C.E.P.R. Discussion Papers - 2002

This Paper examines recent theoretical developments in the theory of coalition stability. It focuses on the relationship between the incentives to defect from a coalition, the size of the resulting equilibrium coalition structure and the different assumptions on membership rules, coalition...

Persistent link: https://www.econbiz.de/10005791385

R&D Cooperation and the Stability of International Environmental Agreements

Carraro, Carlo; Siniscalco, Domenico - C.E.P.R. Discussion Papers - 1995

International agreements to protect the global environment are typically difficult to reach. In principle they should be profitable for all players involved in the negotiation. Even when they are profitable, however, they are often unstable due to the incentive to free-ride (enjoying the clean...

Persistent link: https://www.econbiz.de/10005792083

Services, Economic Development and the Doha Round: Exploiting the Comparative Advantage of the WTO

Hoekman, Bernard; Mattoo, Aaditya - C.E.P.R. Discussion Papers - 2006

-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

On the Consequences of the US Withdrawal from the Kyoto/Bonn Protocol

Buchner, Barbara; Carraro, Carlo; Cersosimo, Igor - C.E.P.R. Discussion Papers - 2002

negotiations, its increased bargaining power and its eventual incentives to follow the US defections. …

Persistent link: https://www.econbiz.de/10005124246

Can Equity Enhance Efficiency? Some Lessons from Climate Negotiations

Bosello, Francesco; Buchner, Barbara; Carraro, Carlo; … - C.E.P.R. Discussion Papers - 2003

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

When is Bargaining Successful? Negotiated Division of Tournament Prizes

Goldreich, David; Pomorski, Lukasz - C.E.P.R. Discussion Papers - 2007

: 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