Showing 1 - 10 of 41
An entrepreneur contracts with a consultant, who is protected by limited liability, to supply information about the … probability than a bad one. The entrepreneur makes an upfront payment that the consultant can either invest in information … acquisition (work) or divert for private benefit (shirk). If the consultant works, then he privately observes an unverifiable …
Persistent link: https://www.econbiz.de/10012117630
Despite negative experiences with auctioning off subsidies for renewable energy in some countries, tenders are increasingly used today. We develop a reverse auction which accounts for particularities of intermittent renewable energy sources. Determining the quantity, demanded by the regulator,...
Persistent link: https://www.econbiz.de/10011335496
Competitive tendering of local bus services in Germany has received increased attention. Employing Seemingly Unrelated …
Persistent link: https://www.econbiz.de/10010303842
Consider a government tendering the right to operate, for example, an airport, telecommunication network, or utility …
Persistent link: https://www.econbiz.de/10010326483
We survey the literature on the effects of public sector outsourcing. Guided by theory, we systematically arrange services according to the type and magnitude of their contractibility problems. Taken as a whole, the empirical literature indicates that public sector outsourcing generally reduces...
Persistent link: https://www.econbiz.de/10010320383
We survey the literature on the effects of public sector outsourcing. Guided by theory, we systematically arrange services according to the type and magnitude of their contractibility problems. Taken as a whole, the empirical literature indicates that public sector outsourcing generally reduces...
Persistent link: https://www.econbiz.de/10013208581
methods coincide. However, bidding processes differ fundamentally with regard to the decision situation of the participants …
Persistent link: https://www.econbiz.de/10012669292
Despite negative experiences with auctioning off subsidies for renewable energy in some countries, tenders are increasingly used today. We develop a reverse auction which accounts for particularities of intermittent renewable energy sources. Determining the quantity, demanded by the regulator,...
Persistent link: https://www.econbiz.de/10011286401
Persistent link: https://www.econbiz.de/10010191423
methods coincide. However, bidding processes differ fundamentally with regard to the decision situation of the participants …
Persistent link: https://www.econbiz.de/10012661954