Showing 1 - 10 of 9,050
Based on my recent work with several co-authors this paper explores the relationship between discretion, reputation …, competition and entry in procurement markets. I focus especially on public procurement, which is highly regulated for … accountability and trade reasons. In Europe regulation constrains the use of past performance information to select contractors while …
Persistent link: https://www.econbiz.de/10010573865
, appropriately designed reputation mechanisms actually stimulate entry. Since quality increases but not prices, our data also suggest …This paper reports results from a laboratory experiment exploring the relationship between reputation and entry in … in private procurement, may hinder entry by new (smaller or foreign) firms in public procurement markets. Our results …
Persistent link: https://www.econbiz.de/10010598175
procurement. We propose a procurement model with reputation and entry assigning to the entrant a reputational advantage of varying …This paper reports results from a laboratory experiment exploring the relationship between reputation and entry in … standard practice in private procurement, may hinder entry by new (smaller or foreign) firms in public procurement markets. Our …
Persistent link: https://www.econbiz.de/10010602865
laboratory experiment exploring the relationship between reputation and entry in procurement. We implement a repeated procurement … model with reputation for quality and the possibility of entry in which the entrant may start off with positive reputation … private procurement, may hinder entry by new firms in public procurement markets. In this paper we report results from a …
Persistent link: https://www.econbiz.de/10011277366
experiment exploring the relationship between reputation and entry in procurement. We implement a repeated procurement game with … procurement, may hinder entry by new firms in public procurement markets. In this paper we report results from a laboratory … reputational incentives for quality and the possibility of entry. We allow also the entrant to start off with a positive …
Persistent link: https://www.econbiz.de/10011083951
Non-contractible quality dimensions are at risk of degradation when the provision of public services is privatized …. However, privatization may increase quality by fostering performance-improving innovation, particularly if combined with … opening to private provision affected mortality rates – an important and not easily contractible quality dimension – using a …
Persistent link: https://www.econbiz.de/10011084097
We study the tension between competitive screening and contract enforcement where a principal trades repeatedly with one among several agents, moral hazard and adverse selection coexist, and non-contractible dimensions are governed by relational contracting. We simultaneously characterize...
Persistent link: https://www.econbiz.de/10005082534
buyers’ offers become more generous. Buyers tend to prefer penalties, which may explain why they are dominant in procurement. …
Persistent link: https://www.econbiz.de/10008492669
buyers' offers become more generous. Buyers tend to prefer penalties, which may explain why they are dominant in procurement. …
Persistent link: https://www.econbiz.de/10008478652
The literature on public procurement pays great attention to the rules underlying tendering procedures as well as on …
Persistent link: https://www.econbiz.de/10008629820