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Split-award auctions and supply disruptions
Fugger, Nicolas; Laitenberger, Ulrich - 2020 - This version: December 21, 2020
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
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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
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Bureaucratic competence and procurement outcomes
Decarolis, Francesco; Giuffrida, Leonardo; Iossa, … - 2019
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
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Procuring survival
Cappelletti, Matilde; Giuffrida, Leonardo M. - 2021
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
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Centralized procurement and delivery times : evidence from a natural experiment in Italy
Clark, Robert; Coviello, Decio; Leverano, Adriano de - 2021
procurement. Our identification strategy leverages a legislative change in Italy that mandated centralized purchases for a sub …
Persistent link: https://www.econbiz.de/10012618050
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Ex-post optimal knapsack procurement
Jarman, Felix; Meisner, Vincent - 2017
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
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Auctions versus negotiations : the effects of inefficient renegotiation
Herweg, Fabian; Schmidt, Klaus M. - 2017 - This version: January 29, 2017
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
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Sequential procurement with limited commitment
Fugger, Nicolas; Gretschko, Vitali; Pollrich, Martin - 2019
We analyze the problem of a buyer who chooses a supplier for a long-term relationship via an auction. The buyer lacks commitment to not renegotiate the terms of the contract in the long run. Thus, suppliers are cautious about the information revealed during the auction. We show theoretically and...
Persistent link: https://www.econbiz.de/10012055608
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The defense industry in Brazil : characteristics and involvement of supplier firms
Squeff, Flávia de Holanda Schmidt; Assis, Lucas Rocha … - 2015
improvement and introduction of innovations, this text offers information on defense procurement recently undertaken and analyzes …
Persistent link: https://www.econbiz.de/10012056856
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International buyers' sourcing and suppliers' markups in Bangladeshi garments
Cajal-Grossi, Julia; Macchiavello, Rocco; Noguera, Guillermo - 2019
Persistent link: https://www.econbiz.de/10011961227