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Incomplete contracts in dynamic procurement

Gretschko, Vitali; Pollrich, Martin - 2019

We analyze the problem of a buyer who purchases a long-term project from one of several suppliers. A changing state of the world influences the costs of the suppliers. Complete contracts conditioning on all future realizations of the state are infeasible. We show that contractual incompleteness...

Persistent link: https://www.econbiz.de/10012105726

The ban on long-term natural gas contracts for the European Union : a double-edged sword?

Sergeeva, Zlata - 2023

Persistent link: https://www.econbiz.de/10014280997

The impact of contract enforcement costs on outsourcing and aggregate productivity

Boehm, Johannes - 2015

Persistent link: https://www.econbiz.de/10011410552

Relational contracts and supplier turnover in the global economy

Defever, Fabrice; Fischer, Christian; Südekum, Jens - 2015

Persistent link: https://www.econbiz.de/10011410431

International buyers' sourcing and suppliers' markups in Bangladeshi garments

Cajal-Grossi, Julia; Macchiavello, Rocco; Noguera, Guillermo - 2019

Persistent link: https://www.econbiz.de/10011961227

Supplier search and re-matching in global sourcing : theory and evidence from China

Defever, Fabrice; Fischer, Christian; Südekum, Jens - 2017

Persistent link: https://www.econbiz.de/10011878403

Insourcing vs outsourcing in vertical structure

Shin, Dongsoo; Strausz, Roland - 2024

-agent hires the sub-agent (outsourcing). We show that insourcing is always optimal when the principal can perfectly process the … prime-agent's report. When the principal's information process is limited, however, outsourcing can be the prevailing mode … no possibility of collusion arises with outsourcing. …

Persistent link: https://www.econbiz.de/10014503040