Narrow search
Showing 1 - 10 of 126
Cover Image
Public markets tailored for the cartel - Favoritism in procurement auctions -
Lambert-Mogiliansky, Ariane; Kosenok, Grigory - HAL - 2006
In this paper, we investigate interaction between two firms, which are engaged in a repeated procurement relationship … modelled as a multiple criteria auction, and an auctioneer (a government employee) who has discretion in devising the selection … criteria. A first result is that, in a one-shot context, favoritism turns the asymmetric information (private cost) procurement …
Persistent link: https://www.econbiz.de/10010738980
Cover Image
Are There Myths on Road Impact and Transport in Sub-Saharan Africa?
Beuran, Monica; Gachassin, Marie Castaing; Raballand, Gaël - HAL - 2013
procurement and contract management, better projects implementation and better monitoring are still needed, in spite of the …
Persistent link: https://www.econbiz.de/10011025548
Cover Image
Technology and the defense industry: real threats, bad habits, or new (market) opportunities?
Bellais, Renaud - HAL - 2013
Technology has been playing a central role in defense spending or arms-producing countries since World War II. Although there has been no major threat or conflict since the 1990s, defense R&D absorbs a large share of military expenditures, as well as public R&D. This technology-centric paradigm...
Persistent link: https://www.econbiz.de/10010899173
Cover Image
Communication in procurement: silence is not golden
Ménager, Lucie - HAL - 2013
We study the effect of cheap talk between bidders on the outcome of a first-price procurement game with N sellers in …
Persistent link: https://www.econbiz.de/10010899919
Cover Image
Collusive market-sharing and corruption in procurement
Lambert-Mogiliansky, Ariane; Sonin, Konstantin - HAL - 2005
This paper investigates links between corruption and collusion in procurement. A first-price multiple-object auction is … auction designers, competition authorities and criminal courts is that risks of collusion and of corruption must be addressed …
Persistent link: https://www.econbiz.de/10010739053
Cover Image
Modelling macroeconomic effects and expert judgements in operational risk : a Bayesian approach
Santos, Holger Capa; Kratz, Marie; Munoz, Franklin Mosquera - HAL - 2012
This work presents a contribution on operational risk under a general Bayesian context incorporating information on market risk pro le, experts and operational losses, taking into account the general macroeconomic environment as well. It aims at estimating a characteristic parameter of the...
Persistent link: https://www.econbiz.de/10010543494
Cover Image
The Cascade Bayesian Approach for a controlled integration of internal data, external data and scenarios
Hassani, Bertrand; Renaudin, Alexis - HAL - 2013
According to the last proposals of the Basel Committee on Banking Supervision, banks under the Advanced Measurement Approach (AMA) must use four different sources of information to assess their Operational Risk capital requirement. The fourth including "business environment and internal control...
Persistent link: https://www.econbiz.de/10010635130
Cover Image
Bayesian Unconditional Quantile Regression: An Analysis of Recent Expansions in Wage Structure and Earnings Inequality in the U.S. 1992-2009
Lubrano, Michel; Ndoye, Abdoul Aziz Junior - HAL - 2012
We develop a reliable Bayesian inference for the RIF-regression model of Firpo, Fortin and Lemieux (Econometrica, 2009) in which we first estimate the log wage distribution by a mixture of normal densities. This approach is pursued so as to provide better estimates in the upper tail of the wage...
Persistent link: https://www.econbiz.de/10010933806
Cover Image
A Bayesian Subjective Poverty Line, One Dollar a Day Revisited
Xun, Zhou; Lubrano, Michel - HAL - 2013
This paper provides a new estimation of an international poverty line based on a Bayesian approach. We found that the official poverty lines of the poorest countries are related to the countries' mean consumption level. This new philosophy is to be compared to the previous assumptions made by...
Persistent link: https://www.econbiz.de/10010933886
Cover Image
Strict Liability, Capped Strict Liability, and Care Effort under Asymmetric Information
Mondello, Gérard - HAL - 2012
This paper compares the effectiveness of strict liability and capped strict liability regimes in an agency relationship among a regulatory agency and operators of risky activities. Under a double asymmetric information assumption (wealth and efficiency in care effort), it shows that capping...
Persistent link: https://www.econbiz.de/10010691384