procurement model and heuristically approximates the Markov perfect equilibrium in which contractors determine how much money they … of projects pushes down the mark-ups and the government procurement cost. Nonetheless, according to the experiments, it …

activity for certain industries or service providers. The public procurement segment's attractiveness is also underlined by the … to do business with foreign governments is limited by various national legislations as governments settle the procurement … typical procurement types - traditional procurement and public-private partnership - with regard to recent development trends …