Wambach, Achim; Grawert-May, Gero von - In: Rivista di Politica Economica 96 (2006) 1, pp. 117-134
In a situation where firms compete for a contract of an agency and subcontract part of this contract it is shown that: (i) If the timing of subcontracting is determined by the firms,then the more efficient firms subcontract after the award, while the less efficient firms subcontract before the...
