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financial interest in procurement of their projects [1]. Reasons for this are cited as: allocation of risk, guaranteed maximum …
Persistent link: https://www.econbiz.de/10009434993
also be compared with other procurement methods. In order to do so it is important to clearly understand the local …
Persistent link: https://www.econbiz.de/10009438303
Abstract: Purpose – The UK Government has now adopted Private Finance Initiative (PFI) as a major vehicle for the delivery of additional resources to the health sector in order to achieve a greater investment in healthcare facilities. The purpose of this paper is to examine the trends and risk...
Persistent link: https://www.econbiz.de/10009458990
werden der Einfluss dienstleistungsspezifischer Objektmerkmale auf die strategische Beschaffung erklärt und Empfehlungen zur …The importance of services procurement increases constantly. However, empirical studies identify deficits in realising … the tremendous opportunities of strategic procurement of services in day-to-day business – caused by the difference of …
Persistent link: https://www.econbiz.de/10009451151
constraint. Auction theory has mostly focused on target-constrained auctionsand is not well developed for this type of auction … both experimental bids and the performance of the auction institution, based on the kind oflimited information typically …
Persistent link: https://www.econbiz.de/10009444621
We examine a supply base diversification problem faced by a buyer who periodically holds auctions to award short term … supply contracts among a cohort of suppliers (i.e., the supply base). To mitigate significant cost shocks to procurement, the … base diversification depends on the buyer’s bargaining power, i.e., the buyer’s ability to choose the auction mechanism. At …
Persistent link: https://www.econbiz.de/10009476951
A great body of knowledge exists on the theory of auctions and competitive bidding that is of potential relevance to … equilibrium are examined for first and second price auctions in situations where bidders have different, uncertain, costs. This is … auction bidders with relatively high cv levels and a larger number of bidders involved bid higher in equilibrium but can …
Persistent link: https://www.econbiz.de/10009437646
two aspects from the auctions of CO2 certificates that have been conceived and organised so far. On the one hand, all … collected in the auctions of micro-certificates will be disbursed to every single person – at regular intervals, and without …
Persistent link: https://www.econbiz.de/10009467052
-Turnier und Scoring-Auktion, werden mit einer Auktion kombiniert, in der um die Teilnahme am Turnier geboten wird (entry auction …. Auctions and auction-like mechanisms are institutions that organize transactions between economic agents. In the face of … modifizierte Lizenzauktion, die profitabler ist als die in der Literatur untersuchten Mechanismen. Bei dieser Auktion wird eine …
Persistent link: https://www.econbiz.de/10009467148
) for the continuous trading and extends it to the auction phase. The second chapter analyzes the impact of adverse … compensation of liquidity provision changes. The fourth chapter changes the focus to the opening auction. It proposes an extension … information about future prices that is not incorporated in the auction price. …
Persistent link: https://www.econbiz.de/10009475366