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I study the interaction between optimal procurement and outsourcing of production in small industries. First, two …. Then the buyer designs the procurement mechanism and sellers who outsourced production subcontract with their respective …
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In many auctions, the auctioneer is an agent of the seller. This delegation invites corruption. In this paper we propose a model of corruption, examine how corruption affects the auction game, how the anticipation of corruption affects bidding, and how it altogether changes the revenue ranking...
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The paper studies procurement contracts with pre-project investigations in the presence of adverse selection and moral …
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problems that arise in the study of public procurement, private procurement, regulation, the theory of the firm, the theory of … literature as it applies to defense procurement. …
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