choice deviate from what citizens want but that an increase in uncertainty about policy outcomes decreases this distortion. …

may involve higher cost uncertainty and severer information asymmetry. Motivated by these observations, we consider a … latter has a lower average cost. Second, reducing the cost uncertainty or improving the signal accuracy of the U … mitigate cost uncertainty or better cost estimation. Third, higher competition intensity leads the diversified sourcing …

choice deviate from what citizens want but that an increase in uncertainty about policy outcomes decreases this distortion. …

identify the advantages and disadvantages of these strategies in the view of the attitudes to uncertainty of managers and …, mechanisms of profit appropriation and attitudes towards uncertainty.Adopting models such as NPV and Real Options along with …