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Provider Selection and Renegotiation Incentive of Incomplete Contracts : Empirical Relevance on Public Work Procurement
Guccio, Calogero - 2010
procedures (i.e. negotiation vs. auction) on the contract renegotiation in the public work sector. The results show that, in …
Persistent link: https://www.econbiz.de/10013149716
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Auctions vs. negotiations : the case of favoritism
Gretschko, Vitali; Wambach, Achim - 2012
- that an intransparent negotiation yields a higher buyer surplus than a transparent auction for a range of parameters. In …
Persistent link: https://www.econbiz.de/10009689581
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Design of Public Procurement Auctions : Evidence from Cleaning Contracts
Hyytinen, Ari - 2015
cleaning services in Swedish municipalities. The lowest submitted and winning bids are similar in all auction designs despite a …
Persistent link: https://www.econbiz.de/10013028436
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Incentives Versus Transaction Costs : A Theory of Procurement Contracts
Tadelis, Steven; Bajari, Patrick - 2001
Inspired by facts from the private sector construction industry, we develop a model that explains many stylized facts of procurement contracts. The buyer in our model incurs a cost of providing a comprehensive design, and is faced with a trade-off between providing incentives and reducing ex...
Persistent link: https://www.econbiz.de/10014177424
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Incentives Versus Transaction Costs : A Theory of Procurement Contracts
Bajari, Patrick; Tadelis, Steven - 2001
Inspired by facts from the private sector construction industry, we develop a model that explains many stylized facts of procurement contracts. The buyer in our model incurs a cost of providing a comprehensive design, and is faced with a trade-off between providing incentives and reducing ex...
Persistent link: https://www.econbiz.de/10014128056
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Cartels and bribes
Burguet, Roberto; Iossa, Elisabetta; Spagnolo, Giancarlo - 2021
We study the relationship between collusion and corruption in a stylized model of repeated procurement where the cost … suppliers alleviates free-riding in reporting. However, it also facilitates collusion in bidding by increasing the value of the … collusive rent. In turn, bidding collusion facilitates cooperation in reporting by increasing the value of having honest …
Persistent link: https://www.econbiz.de/10012697250
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Strategic management in public procurement : the role of dynamic capabilities in equity and efficiency
Cappelletti, Matilde; Giuffrida, Leonardo M.; Heaton, Sohvi - 2023
A key issue in strategic management in the public sector is how government creates economic and social value through procurement. Unfortunately, most procurement studies are based on contract theories, which fail to incorporate the growing role of strategic management in performance. We fill...
Persistent link: https://www.econbiz.de/10014339568
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Auctions vs. negotiations: The case of favoritism
Gretschko, Vitali; Wambach, Achim - 2012
- that an intransparent negotiation yields a higher buyer surplus than a transparent auction for a range of parameters. In …
Persistent link: https://www.econbiz.de/10010291548
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Discrimination in dynamic procurement design with learning-by-doing
Barbosa, Klenio; Boyer, Pierre C. - 2012
Discriminatory programs that favor local and small firms in government procurement are common in many countries. This paper studies the long-run impact of procurement discrimination on market structure and future competition in industries where learning-by-doing makes incumbent firms more...
Persistent link: https://www.econbiz.de/10009630098
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Incomplete Contracts in Dynamic Procurement
Gretschko, Vitali - 2019
English auction restricts the information optimally …
Persistent link: https://www.econbiz.de/10012861559