This paper investigates a procurement relationship between a welfare-oriented government and a private supplier. The … procurement where the buyer maximizes profit rather than welfare. We identify the government's welfare objective as its Achilles …' heel: equilibrium trade prices differ in public and private procurement, and private governance can lead to more efficient …

In public sector procurement, social welfare often depends on the time taken to complete the contract. A leading …

In public sector procurement, social welfare often depends on the time taken to complete the contract. A leading …

In public sector procurement, social welfare often depends on the time taken to complete the contract. A leading …

This paper studies the design of procurement, where a buyer seeks to award a contract to a single supplier. The model … to the literature and are weighted against the benefits of competition. Public procurement regulations entail that …

Newly introduced price subsidy programs without physical procurement have resulted in an increased (vis-à-vis the … subsidy programs with physical procurement) preponderance of deliberate quality degradation for certain crops by Indian … farmers. The physical procurement of the crop from farmers provides an alternate sales channel to farmers enabling the …