traditional procurement (TP) and public-private partnership (PPP). We show that a mixed regime, in which TP is used in one …

Unlike standard auctions, we show that competitive procurement may optimally limit competition or use inefficient … allocation rules that award the project to a less efficient firm with positive probability. Procurement projects often involve ex … post moral hazard after the competitive process is over. A procurement mechanism must combine an incentive scheme with the …

also on the decisions of others. In the present article, we review the literature on decision making made by groups of the …

experience demand shocks derived from a lottery-based assignment of public procurement contracts for construction services in …

While effective bureaucracy is crucial for state capacity, its decision-making remains a black box. We elicit … preferences of 900+ real-world public procurement officials in Finland and Germany. This is an important pursuit as they report … importance of multiple features of procurement outcomes. Officials prioritize avoiding unexpectedly high prices but not seeking …

This paper studies experimentally when and how ideological motives shape group decision-making outcomes. Groups …

This paper presents an empirical investigation of the relation between decision speed and decision quality for a real …-by-move data provide exceptionally detailed and precise information about decision times and decision quality, based on a … with the predictions of procedural decision models like drift-diffusion-models in which decision makers sequentially …

when a decision is complex, they implicitly treat different time delays to some degree alike. By experimentally measuring … when the decision environment is more complex. Third, cognitive uncertainty matters for choice architecture: people who are …

and decision time. Overall, the data show that more people follow the default if the nudge is made transparent. More … importantly, though, effects of transparency differ depending on whether people are fast or slow in their decision making. In … particular, (only) slow decision makers react more positively (keeping the default) if nudging is made transparent. Moreover, the …

organizational decision is driven by two countervailing effects: the ownership rights effect favors outsourcing, while the indirect …