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In public procurement a temporal separation of award and actual contracting can frequently be observed. In this paper the authors give an explanation for this institutional setting. For incomplete procurement contracts they show that such may increase efficiency. They show that efficiency can be...
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In public procurement a temporal separation of award and actual contracting can frequently be observed. In this paper we give an explanation for this institutional setting. For incomplete procurement contracts we show that such a separation may increase efficiency. We show that efficiency can be...
Persistent link: https://www.econbiz.de/10011539673
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effect determines the technology-sharing incentives. In equilibrium at most one firm shares some of its technologies. For … similar technology distributions, there exists an equilibrium in which nobody shares. If the technology distributions are …
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