Showing 1 - 10 of 47
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
This article determines the conditions under which theSouthern countries should act together, or separately, while negotiating with the North about climate change policy and about the conditions for future Southern engagement. The paper models the international negotiations with complete and...
Persistent link: https://www.econbiz.de/10008791825
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
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 propose a mechanism for resolving bargaining problems.The mechanism allows two players to make a sequence of simultaneous propositions. At any step, as long as the players have not reached an agreement, they can choose to implement a lottery between the different propositions. In this aspect,...
Persistent link: https://www.econbiz.de/10008794307
We revisit the signalling hypothesis, whereby potential employers use the duration of unemployment as a signal as to …
Persistent link: https://www.econbiz.de/10008793679
Criticism is mounting on business schools for their excessive focus on research and for neglecting teaching. We show that if students have imperfect information about a school's overall capabilities and if business schools differ in their research productivity, the least productive schools may...
Persistent link: https://www.econbiz.de/10008794060
This paper discusses the problem of optimal design of a jurisdiction structure from the view point of a welfarist social planner when households with identical utility functions for non-rival public good and private consumption have private information about their contributive capacities. It...
Persistent link: https://www.econbiz.de/10010933805