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that might fail to deliver. The buyer conducts a procurement auction to determine contract suppliers and can choose between … plays an important role in procurement practice but attracted little attention in the academic analysis of procurement … auctions. Academic research on multi-sourcing procurement auction typically analyzes these auctions as stand-alone events. In …
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Although outsourcing input production has long been considered as an important approach to help downstream manufacturers enhance structural efficiency, we provide a theoretical explanation for why outsourcing may negatively affect downstream firms' profitability. We consider a duopoly model...
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