Showing 1 - 10 of 207
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
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
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
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
firm, particularly focusing on project management, product development and procurement decisions. In the first essay we … make such trade-off decisions under competition. In the third essay, we analyze the optimal procurement strategy of a firm … procurement cost. Further, we discuss the value of leadtime flexibility in supply risk mitigation and highlight the role of an …
Persistent link: https://www.econbiz.de/10009429276
Multiattribute auctions extend traditional auction settings to allow negotiation over nonprice attributes such as … configurable goods.This paper provides an iterative auction design for an important special case of the multiattribute allocation … problem with special (preferential independent) additive structure on the buyer value and seller costs. Auction Additive …
Persistent link: https://www.econbiz.de/10009431984
application to building procurement in Perth, Western Australia. The objectives were to determine the definition of Guaranteed … over other methods of procurement that included price certainty for the client, a team approach to project delivery and …
Persistent link: https://www.econbiz.de/10009434898