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Auctions vs. Negotiations : The Effects of Inefficient Renegotiation
Herweg, Fabian - 2015
For the procurement of complex goods the early exchange of information is important to avoid costly renegotiation ex … use of negotiations as a procurement mechanism in private industry …
Persistent link: https://www.econbiz.de/10013024680
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Optimal Cost Overruns : Procurement Auctions and Renegotiation
Herweg, Fabian - 2016
Cost overrun is ubiquitous in public procurement. We argue that this can be the result of a constraint optimal award …
Persistent link: https://www.econbiz.de/10012993698
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Probabilistic Procurement Auctions
Giebe, Thomas - 2013
We analyse procurement auctions in which sellers are distinguished on the basis of the ratios of quality per unit of …
Persistent link: https://www.econbiz.de/10013078958
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Discrimination in Dynamic Procurement Design with Learning-by-Doing
Barbosa, Klenio; Boyer, Pierre - 2021
Discriminatory programs that favor local and small firms in government procurement are common in many countries. This … paper studies the long-run impact of procurement discrimination on market structure and future competition in industries … where learning-by-doing makes incumbent firms more efficient over time. We consider a sequential procurement design problem …
Persistent link: https://www.econbiz.de/10013315854
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Auctions vs. Negotiations: The Effects of Inefficient Renegotiation
Herweg, Fabian; Schmidt, Klaus - CESifo - 2015
For the procurement of complex goods the early exchange of information is important to avoid costly renegotiation ex … use of negotiations as a procurement mechanism in private industry. …
Persistent link: https://www.econbiz.de/10011210403
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A Market for Connections
Miettinen, Topi; Poutvaara, Panu - CESifo - 2012
resources and procurement managers. Due to anti-corruption laws, agents cannot sell contracts or positions that they are …
Persistent link: https://www.econbiz.de/10010548151
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Probabilistic Procurement Auctions
Giebe, Thomas; Schweinzer, Paul - CESifo - 2013
We analyse procurement auctions in which sellers are distinguished on the basis of the ratios of quality per unit of …
Persistent link: https://www.econbiz.de/10010678211
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On the Legitimacy of Coercion for the Financing of Public Goods
Bierbrauer, Felix - CESifo - 2009
The literature on public goods has shown that efficient outcomes are impossible if participation constraints have to be respected. This paper addresses the question whether they should be imposed. It asks under what conditions efficiency considerations justify that individuals are forced to pay...
Persistent link: https://www.econbiz.de/10004979415
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Handing Out Guns at a Knife Fight: Behavioral Limitations of Subgame-Perfect Implementation
Fehr, Ernst; Powell, Michael; Wilkening, Tom - CESifo - 2014
The assumption that payoff-relevant information is observable but not verifiable is important for many core results in contract, organizational and institutional economics. However, subgame-perfect implementation (SPI) mechanisms - which are based on off-equilibrium arbitration clauses that...
Persistent link: https://www.econbiz.de/10010889984
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International Trade, Factor Mobility and the Persistence of Cultural-Institutional Diversity
Belloc, Marianna; Bowles, Samuel - CESifo - 2009
Cultural and institutional differences among nations may result in differences in the ratios of marginal costs of goods in autarchy and thus be the basis of specialization and comparative advantage, as long as these differences are not eliminated by trade. We provide an evolutionary model of...
Persistent link: https://www.econbiz.de/10005013942