Settlement Understanding; DSU) entered into force. Since 1998, negotiations to review and reform the DSU have taken place (DSU … date. This lack of interest in Members’ proposals and negotiations is rather astonishing, particularly if judged in the … long been neglected. Only recently, a certain academic interest in these negotiations and in the submitted proposals can be …

post. We show that this is achieved by bilateral negotiations but not by auctions. Negotiations strictly outperforms … if the buyer's bargaining position is sufficiently strong. Moreover, we show that negotiations provide stronger … use of negotiations as a procurement mechanism in private industry. …