Wan, Zhixi; Beil, Damian R. - 2014
base diversification depends on the buyer’s bargaining power, i.e., the buyer’s ability to choose the auction mechanism. At …We examine a supply base diversification problem faced by a buyer who periodically holds auctions to award short term … supply contracts among a cohort of suppliers (i.e., the supply base). To mitigate significant cost shocks to procurement, the …