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Auctions vs negotiations in public procurement: Which works better?
Lalive, Rafael; Schmutzler, Armin; Zulehner, Christine - 2015
Public agencies mainly rely on two modes to procure goods and services: auctions and direct negotiations. We study a … 1994 policy change in Germany that introduced the possibility to procure rail services in auctions as well as in direct …, auctions improve service levels and reduce prices. As a result, surplus on auctioned lines increased by about 30 …
Persistent link: https://www.econbiz.de/10011420574
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Auctions vs negotiations in public procurement: Which works better?
Lalive, Rafael; Schmutzler, Armin - 2011
Public agencies rely on two key modes to procure goods and services: auctions and direct negotiations. The relative … passenger railway services in Germany, where regional agencies can use auctions and negotiations to procure regional passenger … auctions. This analysis suggests accounting for the endogeneity of the choice of procurement mode by estimating the mode of …
Persistent link: https://www.econbiz.de/10010316858
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Assessing Social Costs of Inefficient Procurement Design
Eklöf, Matias - 2003
different auction formats. The data is collected from procurement auctions of road painting in Sweden during 1993-99. The …
Persistent link: https://www.econbiz.de/10010321543
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Political drivers of and barriers to Public-Private Partnerships: The role of political involvement
Gawel, Erik - 2011
The application and design of public-private partnerships between the extremes of purely public or purely private task fulfilment in public services is, in practice, subject to political processes. Decisions about PPPs (realisation, arrangement) are taken in the political arena and are therefore...
Persistent link: https://www.econbiz.de/10010306845
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Attaining autonomy in the Empire: French governors between 1860 and 1960
Viallet-Thévenin, Scott; Chambru, Cédric - 2020
This article builds on the concept of linked ecologies to present a study of the occupational careers of French colonial governors between 1830 and 1960. We consider empires as the by-product of social entities structuring themselves. Specifically, we analyse the process of empowerment of this...
Persistent link: https://www.econbiz.de/10012294280
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Coordination Incentives, Performance Measurement, and Resource Allocation in Public Sector Organizations
Dietrichson, Jens - 2013
Why are coordination problems common when public sector organizations share responsibilities, and what can be done to mitigate such problems? This paper uses a multi-task principal-agent model to examine two related reasons: the incentives to coordinate resource allocation and the difficulties...
Persistent link: https://www.econbiz.de/10013208654
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The revolving door: State connections and inequality of influence in the US banking sector
Brezis, Elise S.; Cariolle, Joël - 2017
This paper addresses the effects of the revolving door phenomenon on the inequality of influence among firms. It shows that firms are not equal in their capacities to benefit from state connections. We first develop a theoretical model introducing the notion of "bureaucratic capital" and showing...
Persistent link: https://www.econbiz.de/10012057434
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Is the revolving door of Washington a back door to excess corporate returns?
Canayaz, Mehmet I.; Martinez, Jose Vicente; Ozsoylev, Han N. - 2015
In this paper, we look into the so-called "revolving door of Washington", which is the movement of individuals between federal government positions and jobs in the private sector, and examine its link to long-run stock returns. We find that firms where current public officials become future...
Persistent link: https://www.econbiz.de/10011440132
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Arbitrariness in the peer review process
Brezis, Elise S.; Birukou, Aliaksandr - 2019
The purpose of this paper is to analyze the causes and effects of arbitrariness in the peer review process. This paper focuses on two main reasons for the arbitrariness in peer review. The first is that referees are not homogenous and display homophily in their taste and perception of innovative...
Persistent link: https://www.econbiz.de/10012387265
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Auction mechanisms and bidder collusion: Bribes, signals and selection
Llorente-Saguer, Aniol; Zultan, Ro'i - 2014
The theoretical literature on collusion in auctions suggests that the first-price mechanism can deter the formation of … likely to affect the bidding behavior in first-price (but not second-price) auctions. We test experimentally a setup in which … collusion in first-price and second-price auctions. Furthermore, failed collusion attempts distort the bidding behavior in the …
Persistent link: https://www.econbiz.de/10011380984