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Motivated by tropical deforestation, we analyze (i) a novel theory of resource extraction, (ii) the optimal conservation contract, (iii) when the donor prefers contracting with central rather than local governments, and (iv) how the donor’s presence may induce institutional change....
Persistent link: https://www.econbiz.de/10011273091
federalism in which centralization is less likely to occur where budget referendums are possible. The reason for this result is … that budget referendums reduce the extent to which pro-centralization regions can commit to a low level of spending … delegating the centralization choice to elected poli-cymakers. In addition, it reduces the ability of higher level policy …
Persistent link: https://www.econbiz.de/10005765835
decentralization to centralization can affect both the number and the type of lobbies. Under decentralization, if lobbies form they … will always have an effect on policy decision. Under centralization, if lobbies form, lobby competition may completely …
Persistent link: https://www.econbiz.de/10005094232
standard-setting with two means of interventionist harmonization: through centralization and through allocation of lawmaking …
Persistent link: https://www.econbiz.de/10008583682
-agent framework, it analyzes two alternative policy-decision schemes—‘decentralization’ and ‘centralization’—when ‘knowledge’ consists …
Persistent link: https://www.econbiz.de/10010693469
For the procurement of complex goods the early exchange of information is important to avoid costly renegotiation ex … use of negotiations as a procurement mechanism in private industry. …
Persistent link: https://www.econbiz.de/10011210403
resources and procurement managers. Due to anti-corruption laws, agents cannot sell contracts or positions that they are …
Persistent link: https://www.econbiz.de/10010548151
This paper deals with a Niskanen type of public-procurement agency. It is shown that the procurement game should be … which refers to both investment and production. Welfare-optimal procurement of the project can be attained under relatively …
Persistent link: https://www.econbiz.de/10005765759
In public procur ement a temporal separation between award and actual contract allows private entrepreneurs who did not get the award to sue to become contractor. Hence, not only the award-winning entrepreneur, but also the losers will engage in relationship-specific investments. Unfortunately,...
Persistent link: https://www.econbiz.de/10005766024
We consider auction games where, prior to the auction, bidders spend resources to increase their valuations. The market game is solved by solving an equivalent auxiliary social choice problem. We show that standard auctions are fully efficient, whereas reserve price requirements entail a double...
Persistent link: https://www.econbiz.de/10005766140