A principal uses security bid auctions to award an incentive contract to one among several agents in the presence of … call a fixed wage contract, tends to outperform all other auctions, although it is not an optimal mechanism. However, by … adding output targets to hybrid share auctions one can (arbitrary closely) implement the optimal mechanism. …

and economic liberalization affect governments’ respect for human rights using a panel of 106 countries over the 1981 …

of worker. Our analysis reveals that the effects of a liberalization on human capital ac-cumulation, income and … inequality are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases … decreases and the liberalization path has stochastic dominance over the Baseline-As-Usual. These results are very robust to our …

We compare two commonly used mechanisms in procurement: auctions and negotiations. The execution of the procurement …

We analyse procurement auctions in which sellers are distinguished on the basis of the ratios of quality per unit of …