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Persistent link: https://www.econbiz.de/10011961227
the Americas – in Prussia during the first globalization (1871-1913). We show that this shock accelerated the structural … of globalization, but depend on labor mobility. For our analysis, we digitize data from Prussian industrial and …
Persistent link: https://www.econbiz.de/10012648044
At the turn of the millennium three frequently cited potential causes of new challenges for wage policy in Germany are …
Persistent link: https://www.econbiz.de/10013428272
that might fail to deliver. The buyer conducts a procurement auction to determine contract suppliers and can choose between … plays an important role in procurement practice but attracted little attention in the academic analysis of procurement … auctions. Academic research on multi-sourcing procurement auction typically analyzes these auctions as stand-alone events. In …
Persistent link: https://www.econbiz.de/10012388963
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
question in the context of the US federal procurement of services and works, by combining contract-level data on procurement …
Persistent link: https://www.econbiz.de/10012134471
and quantifies the impact of procurement spending - a specific component of G - on firm survival. We find that firms that …
Persistent link: https://www.econbiz.de/10012672144
procurement. Our identification strategy leverages a legislative change in Italy that mandated centralized purchases for a sub …
Persistent link: https://www.econbiz.de/10012618050
We consider a budget-constrained mechanism designer who selects an optimal set of projects to maximize her utility. Projects may differ in their value for the designer, and their cost is private information. In this allocation problem, the quantity of procured projects is endogenously determined...
Persistent link: https://www.econbiz.de/10011697176
For the procurement of complex goods the early exchange of information is important to avoid costly renegotiation. If …
Persistent link: https://www.econbiz.de/10011596132