delay. Using a large dataset on Italian public procurement, we then study empirically the effects of court inefficiency on …

When procurement contracts are incomplete, they are frequently changed after the contract is awarded to the lowest …

seen a great deal of scholarly attention, regulation. An "agency problems" approach to studying political and other agency … develop both theory and prescription in agency settings. Particular problems are displayed almost like games (e.g., the "Major …

procurement remain largely unimplemented. This paper analyses the consequences on the pattern of specialization, on welfare and on … income inequalities of the persistence of a strong domestic bias in government procurement. The study, because of the model … American one. Yet, when government procurement is biased towards domestically produced commodities the model exhibits quite …

We compare beauty contests with first-price sealed-bid and scoring auctions, using data on public procurement of … higher price sensitivity of procurement bureaucrats in scoring (and first-price) auctions. There is more entry in beauty … contests, by firms favored in them. Reduced entry into the scoring and price only auctions largely explains why the procurement …

theory of the demand for capital and labour, on which most of the econometric models of investment and employment that we …We survey recent microeconometric research on investment and employment that has used panel data on individual firms or … of adjustment, which have played a prominent role especially in the microeconometric literature on investment. With …

spending are top priorities in Washington. A now-popular target for reform is regulation, which even President Obama claims to … budget. That said, while regulation imposes costs, regulation may also have social benefits, and this fact should be …

The factor X in the RPI-X regulation aims to adjust price or revenue allowances to changes in total factor productivity …

procurement in Russia due to corruption. Unfortunately, to measure corruption is very challenging. In this paper, using the data … on procurement in one of the Russian regions as an example, we suggest and discuss different indicators of corruption … that might have taken place during the procurement process. We also provide some preliminary estimates of how corruption …