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Optimal procurement contracts with pre-project planning
Krähmer, Daniel; Strausz, Roland - 2010
The paper studies procurement contracts with pre-project investigations in the presence of adverse selection and moral hazard. To model the procurer's roblem, we extend a standard sequential screening model to endogenous information acquisition with moral hazard. The optimal contract displays...
Persistent link: https://www.econbiz.de/10003935679
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Optimal procurement contracts with pre-project planning
Krähmer, Daniel; Strausz, Roland - In: The review of economic studies 78 (2011) 3, pp. 1015-1041
Persistent link: https://www.econbiz.de/10009234527
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Ex-post optimal knapsack procurement
Jarman, Felix; Meisner, Vincent - 2015
strategies. We derive the class of optimal mechanisms and show that it has a deferred acceptance auction representation. This … feature guarantees an implementation with a descending clock auction. Only in the case of symmetric projects do price clocks …
Persistent link: https://www.econbiz.de/10011491761
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Procurement mechanisms for assortments of differentiated products
Saban, Daniela; Weintraub, Gabriel - In: Operations research 69 (2021) 3, pp. 795-820
Persistent link: https://www.econbiz.de/10012546873
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Procurement mechanisms for assortments of differentiated products
Saban, Daniela; Weintraub, Gabriel - 2020
services per year, we leverage our characterization of the optimal mechanism to study the design of first-price-auction …
Persistent link: https://www.econbiz.de/10012244488
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Conservation procurement auctions with bidirectional externalities
Choi, Pak-Sing; Espinola-Arredondo, Ana; … - 2016
Persistent link: https://www.econbiz.de/10011572491
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Ex-post optimal knapsack procurement
Meisner, Vincent; Jarman, Felix - In: Essays in microeconomic theory, (pp. 5-57). 2016
strategies. We derive the class of optimal mechanisms and show that it has a deferred acceptance auction representation. This … feature guarantees an implementation with a descending clock auction. Only in the case of symmetric projects do price clocks …
Persistent link: https://www.econbiz.de/10011633851
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Ex-post optimal knapsack procurement
Jarman, Felix; Meisner, Vincent - 2017
settings in which the class of optimal mechanisms has a deferred acceptance auction representation which allows an … implementation with a descending-clock auction. Only in the case of symmetric projects do price clocks descend synchronously such …
Persistent link: https://www.econbiz.de/10011697176
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When to deploy test auctions in sourcing
Beil, Damian R.; Chen, Qi; Duenyas, Izak; See, Brendan D. - In: Manufacturing & service operations management : M & SOM 20 (2018) 2, pp. 232-248
Persistent link: https://www.econbiz.de/10011876684
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The design of optimal pay-as-bid procurement mechanisms
Choi, Je-ok; Saban, Daniela; Weintraub, Gabriel - In: Manufacturing & service operations management : M & SOM 25 (2023) 2, pp. 613-630
Persistent link: https://www.econbiz.de/10014302150