require long-term commitments. Landowners, however, can decide to prematurely terminate the contract when the opportunity cost … views non-enforcement of contract terms as a source of real-options, the paper offers the following contributions. First, it … play in avoiding such potential bias in contract allocation. …

suppliers, facing variable production costs, must simultaneously report the contract price and the cost level at which they …

winning more than one contract, whereas other bidders have increasing average cost functions. The combinatorial bidding …

dilemma. We test our framework exploiting data on contract positions by large producers in the New York power market. Using a …

. Contract information is now accessible not only to current and prospective donors, but also to rival nonprofit organizations … competing for donations in the fundraising market. Our aim is to investigate the impact of publicly available contract … information on fundraising competition of nonprofit organizations. We argue that, although such provision makes contract …

. By exploiting the real-option approach, we examine how the inability to force sellers to meet the contract time … when the contract does not provide for any compensation for late-delivery. -- Public Procurement ; Fixed-Price Contracts …