We study the use of financial contracts as bid-coordinating device in multi-unit uniform price auctions. Coordination is required whenever firms face a volunteer's dilemma in pricing strategies: one firm (the "volunteer") is needed to increase the market clearing price. Volunteering, however, is...

In recent years, scholars have paid more attention to an integrated approach, which entails identifying and addressing cross-cutting issues beyond an initiative's policy field, domain or sector, as a means of enhancing the performance of development projects. However, few studies offer a...