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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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In the literature on Philippine public procurement, knowledge gaps exist in terms of coverage of period of reform … implementation and scope of reform application. This study helps close these gaps by analyzing Philippine public procurement history … up to the years of application of the 2016 implementing rules and regulations of the General Procurement Act (GPRA) and …
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and rule-based auction procurement procedures. We show that adopting a two stage approach in which bureaucrats first …
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This paper presents a novel theory of corruption in public procurement. It considers an agency setting of contract …
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for private gain. We study the relationship between discretion and corruption in Italian government procurement auctions …, using a confidential database of firms and procurement officials investigated for corruption by Italian enforcement … officials who are themselves investigated for corruption, they are used less often in procurement administrations in which at …
Persistent link: https://www.econbiz.de/10012224342