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This paper discusses the design of a novel multi-dimensional mechanism which allows a principal to procure a single project or an item from multiple suppliers through a two-step payment. The suppliers are capable of producing different qualities at costs which cannot exceed a certain value and...
Persistent link: https://www.econbiz.de/10011259763
Japanese industrial management in the 1980s; covers cultural factors, labour relations, production control, procurement …
Persistent link: https://www.econbiz.de/10010966027
A consideration of urban artisans' production role in the socio- economic development in Mali precedes a discussion of different policy proposals for strengthening its potential. In 1983, this sector account for 21000 wage workers and 9000 apprentices. It provided goods and services for the...
Persistent link: https://www.econbiz.de/10010967462
Almost everywhere public intervention in cultural heritage (CH) conservation is widespread. Using Italy as a case study, the paper analyses public capital expenditure for CH conservation and investigates whether the high degree of specialization of contracting authorities affects the efficiency...
Persistent link: https://www.econbiz.de/10010989662
he fears revealing his proprietary cost information. We investigate how information asymmetry and procurement contracting … strategies interact to influence the supply chain parties' incentives to collaborate. We consider a number of procurement …
Persistent link: https://www.econbiz.de/10010990474
In this paper we conduct an empirical investigation of a large-scale combinatorial auction (CA)--the Chilean auction for school meals in which the government procures half a billion dollars worth of meal services every year. Our empirical study is motivated by two fundamental aspects in the...
Persistent link: https://www.econbiz.de/10010990480
We study procurement auctions in which, as is common in practice, a group of sellers (incumbents, qualified bidders) is …
Persistent link: https://www.econbiz.de/10010993388
We study procurement procedures that simultaneously determine the specification and price of a good. Suppliers can … inefficient specification, this procurement mechanism involves lower information rents than efficient mechanisms, suggesting that …
Persistent link: https://www.econbiz.de/10010993592
In the presence of cost uncertainty, limited liability introduces the possibility of default in procurement with its … procurement even when default is costless for the sponsor. …
Persistent link: https://www.econbiz.de/10010851473
, including 35 years of the longest dictatorship in South America. Using data of all the public procurement transactions from 2004 …
Persistent link: https://www.econbiz.de/10010852311