to charge the monopoly price. This paper compares a Demsetz auction, which awards an exclusive contract to the agent … independent of the particular duopoly game played ex post. We apply this condition to three canonical examples procurement …, royalty contracts and dealerships and find that whenever marginal revenue for the final good is decreasing in the quantity …

to charge the monopoly price. This paper compares a Demsetz auction, which awards an exclusive contract to the agent … independent of the particular duopoly game played ex post. We apply this condition to three canonical examples procurement …, royalty contracts and dealerships and find that whenever marginal revenue for the final good is decreasing in the quantity …

to charge the monopoly price. This paper compares a Demsetz auction, which awards an exclusive contract to the agent … independent of the particular duopoly game played ex post. We apply this condition to three canonical examples-procurement …, royalty contracts and dealerships-and find that whenever marginal revenue for the final good is decreasing in the quantity …

Cost overrun is ubiquitous in public procurement. We argue that this can be the result of a constraint optimal award …

Many organizations use procurement tenders to buy large amounts of goods and services. Especially in the public sector …

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 …

We consider the problem faced by a procurement agency that runs a mechanism for constructing an assortment of … differentiated products with posted prices, from which heterogeneous consumers buy their most preferred alternative. Procurement … take this form. When choosing the assortment, the procurement agency must optimize the tradeoff between offering a richer …

We empirically investigate the effect of procurement oversight on contract outcomes. In particular, we stress a …