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Multidimensional auctions are a natural and practical solution when auctioneers pursue more than one objective in their PPP transactions. However, it is difficult to achieve auction efficiency with multiple award criteria. Using auction data from road and railway concessions in Latin America,...
Persistent link: https://www.econbiz.de/10005264561
Infrastructure projects are often technically complicated and highly customized. Therefore, procurement competition tends to be limited. Competition is the single most important factor toward auction efficiency and anti-corruption. However, the degree of competition realized is closely related...
Persistent link: https://www.econbiz.de/10005827112
Competition in public procurement auctions in the water supply and sanitation sector is largely limited. This is partly because of high technical complexity and partly because of auction design flaws. The division of lot contracts is an important policy choice for auctioneers to achieve...
Persistent link: https://www.econbiz.de/10005611908
Infrastructure is the engine for economic growth. The international donor community has spent about 70–100 billion U.S. dollars on infrastructure development in developing countries every year. However, it is arguable whether these financial resources are used efficiently. Without doubt a key...
Persistent link: https://www.econbiz.de/10005611912
Despite the growing interest in university-to-industry technology transfer, there are very few studies on the governance of universities’ technology transfer offices (TTOs). The few existing ones tend to focus on U.S. universities and generally tackle one dimension of the governance. The...
Persistent link: https://www.econbiz.de/10010826309