We suggest an alternative indicator that can lead to price reductions in the public procurement market for goods, i.e., the elasticity of prices to quantities purchased. We apply the analysis to the procurement of medical devices by exploiting a survey from the Italian AntiCorruption Authority....

This paper reports a study on decision-making by borrowers regarding take-up of different loan types in a laboratory microfinance experiment. I show that when prospective borrowers are offered a flexible choice of different loan types (here, individual liability (IL) and joint liability (JL)),...

A stylized fact in the development literature is that resource-constrained households in low-income countries invest very little in preventive healthcare. This paper investigates how the households trade off investment in their children’s preventive healthcare during idiosyncratic shocks when...