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This Public Procurement Brief presents two new EU public procurement Directives (2014/24/EU and 2014/25/EU) on … procurement by public and utilities sectors. The Directives are part of a recently adopted EU legislative package reforming the EU … public procurement rules. The Brief provides an overview of the new regulations, focusing on the following issues: general …
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Public Procurement is a voluntary instrument, which means that individual Member States and public authorities can determine … alternative energy sources) and how these considerations can be incorporated into the procurement process in line with EU law. …
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The empirical evidence of adverse selection in insurance markets is mixed. The problem in assessing the extent of adverse selection is that private information, on which agents act, is generally unobservable to the researcher, which makes it difficult to distinguish between adverse selection and...
Persistent link: https://www.econbiz.de/10002570039
Micro data from a dental insurance natural experiment is used to analyze why agents opt out of insurance. The purpose is to relate the dropout decision to new information on risk, acquired by the policy holder and the insurer. The results show that agents tend to leave the insurance when...
Persistent link: https://www.econbiz.de/10002570047
We consider a leader and a subordinate he appoints who engage in team production. The public observes the organization's performance, but is unable to determine the separate contributions of the leader and of the subordinate. The leader may therefore claim credit for the good work of his...
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The Government budget allocations for R&D includes statistics on Government appropriations or outlays of R&D by socio …
Persistent link: https://www.econbiz.de/10013377183