Showing 1 - 10 of 36
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
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
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
procurement and contract management, better projects implementation and better monitoring are still needed, in spite of the …
Persistent link: https://www.econbiz.de/10011025548
We present a Cournot model that compares the critical threshold of collusion in Duopoly and Oligopoly Markets where the actors are private, mixed or public. We assume that the incentive critical threshold for collusion depends on the interconnection fees. The different threshold values...
Persistent link: https://www.econbiz.de/10010899868
This paper deals with the implementation of a management device in a French regional government. Based on a case study, it sets out to describe the stages in the implementation of this management device, from its development by administrative staff to its initial rejection and subsequent...
Persistent link: https://www.econbiz.de/10008791520
Education supply in universities of most European countries has for the last ten years become a strategic matter. At present, French universities consider education supply as an investment. But they do not utilize all incentive mechanisms in order to drive their strategies. At the beginning of...
Persistent link: https://www.econbiz.de/10008791696
This paper studies the labor market in Vietnam during the transition towards market economy (1993-2006): we show that the public-private sector wage gap markedly increased, but that wage inequality decreased overall. Our aim is to assess how much of this evolution can be explained by workers'...
Persistent link: https://www.econbiz.de/10008835408
Most financial time series exhibit seasonality, persistence (hyperbolic decay of the autocorrelation function), asymmetric behavior and leptokurtosis. In this paper, we introduce the stationary Seasonal Hyperbolic APARCH model, which can take into account the previous features. We then...
Persistent link: https://www.econbiz.de/10010750929
We investigate a randomization procedure undertaken in real option games which can serve as a basic model of regulation in a duopoly model of preemptive investment. We recall the rigorous framework of [M. Grasselli, V. Leclère and M. Ludkovsky, Priority Option: the value of being a leader,...
Persistent link: https://www.econbiz.de/10010899504