Showing 1 - 10 of 7,183
In public sector procurement, social welfare often depends on the time taken to complete the contract. A leading … departments have introduced innovative contracting methods based on scoring auctions that give contractors explicit time …
Persistent link: https://www.econbiz.de/10012463793
Nearly half of all transactions in the $5 trillion market for manufactured goods in the United States were intermediated by wholesalers in 2012, up from 32 percent in 1992. Seventy percent of this increase is due to the growth of "superstar" firms - the largest one percent of wholesalers....
Persistent link: https://www.econbiz.de/10014468236
This paper considers functions of contracting other than the protection of relationship-specific investments and the … provision of marginal incentives, and applies the theory to explain variation in the form of compensation of over-the-road truck … of hauls in a way that is consistent with the theory. By contrast, we find that vehicle ownership, which defines a driver …
Persistent link: https://www.econbiz.de/10012469856
procurement decisions in the context of India. We compare 3 different allocation strategies (oldest first, highest contact rate … vaccines that can practically guide government procurement decisions. Our analysis yields 4 novel findings. First, the need to …
Persistent link: https://www.econbiz.de/10012814457
firms to physicians and medical device procurement by hospitals. These payments (and the interactions that accompany them …' treatment decisions, and in turn hospital device procurement, in favor of paying firms. Payments are pervasive: 87 percent of … the relationship between expertise and device procurement patterns. Hospitals affiliated with the top Academic Medical …
Persistent link: https://www.econbiz.de/10012794611
The strength of contract enforcement determines how firms source inputs and organize production. Using microdata on Indian manufacturing plants, we show that production and sourcing decisions appear systematically distorted in states with weaker enforcement. Specifically, we document that in...
Persistent link: https://www.econbiz.de/10012480592
This paper applies ideas from mechanism design to model procurement of prescription drugs. We present a mechanism for … government-funded market-driven drug procurement that achieves very close to full static efficiency -- all members have access to …
Persistent link: https://www.econbiz.de/10012463929
Procurement contracts are often incomplete because the initial plans and specifications are changed and refined after … and local market power, which are the focus on much of the literature on optimal procurement mechanisms, are much smaller …
Persistent link: https://www.econbiz.de/10012466618
procurement in the public sector are discussed …
Persistent link: https://www.econbiz.de/10012468941
context of the US federal procurement of services and works by combining contract-level data on procurement performance and …
Persistent link: https://www.econbiz.de/10012453512