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I study the interaction between optimal procurement and outsourcing of production in small industries. First, two … sellers decide about outsourcing. By outsourcing, a seller loses information about the costs of producing to his supplier …. Then the buyer designs the procurement mechanism and sellers who outsourced production subcontract with their respective …
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screening mechanisms for bidder quality on popular online outsourcing platforms that use buyer-determined reverse auctions in … could potentially serve as screening mechanisms for online outsourcing platforms for service procurement … order to find service providers. Using data from a major online outsourcing platform that connects buyers with information …
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implies that transaction costs as part of total costs of ownership carry a large weight in procurement decisions. An analysis …
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