Showing 1 - 10 of 368
Persistent link: https://www.econbiz.de/10011696429
Procurement has to find further levers and advance its contribution to corporate goals continuously. This places … pressure on its organization in order to facilitate its performance. Therefore, procurement organizations constantly have to … highlight the importance of taking a contingency perspective on procurement organization, understanding the internal and …
Persistent link: https://www.econbiz.de/10011894471
Persistent link: https://www.econbiz.de/10010443288
authority. The results not only suggest that monitoring procurement markets through screening tools has the potential of …
Persistent link: https://www.econbiz.de/10010307848
When procurement contracts are incomplete, they are frequently changed after the contract is awarded to the lowest …
Persistent link: https://www.econbiz.de/10011325015
This paper studies multi-attribute auctions in which a buyer seeks to procure a complex good and evaluate offers using a quasi-linear scoring rule. Suppliers have private information about their costs, which is summarized by a multi-dimensional type. The scoring rule reduces the multidimensional...
Persistent link: https://www.econbiz.de/10011325022
Within the framework of the common value model, we examine the magnitude of the difference in expected outcome between first-price and second-price sealed bid auctions. The study is limited to two empirical specifications of bidders' signals: Weibull and normal distribution. The optimal bid...
Persistent link: https://www.econbiz.de/10010321779
implies that transaction costs as part of total costs of ownership carry a large weight in procurement decisions. An analysis …
Persistent link: https://www.econbiz.de/10010325237
This paper considers procurement auctions with costly bidding when the auctioneer is unable to commit himself to …
Persistent link: https://www.econbiz.de/10010333722
A budget-constrained buyer wants to purchase items from a short-listed set. Items are differentiated by observable quality and sellers have private reserve prices for their items. The buyer's problem is to select a subset of maximal quality. Money does not enter the buyer's objective function,...
Persistent link: https://www.econbiz.de/10010334028