Showing 11 - 20 of 48,837
US federal agency, we investigate how officer workload impacts innovation procurement outcomes. Unanticipated retirement …
Persistent link: https://www.econbiz.de/10014431269
The paper studies competition for the market in a setting where incumbents (and, to a lesser extent, neighboring incumbents) benefit from a cost advantage. The paper first compares the outcome of staggered and synchronous tenders, before drawing the implications for market design. We find that...
Persistent link: https://www.econbiz.de/10012414922
In the presence of cost uncertainty, limited liability introduces the possibility of default in procurement with its … procurement even when default is costless for the sponsor. …
Persistent link: https://www.econbiz.de/10010851473
This note analyses investment and risk-taking in a simple agency model of public regulation/procurement borrowed from …
Persistent link: https://www.econbiz.de/10014094761
International public procurement sees low shares of cross-border purchases despite agreements against national …-border procurement. The effects are economically large, as deregulation (a one-standard deviation increase in infection rates) increases …
Persistent link: https://www.econbiz.de/10013310311
This paper analyzes the problem of abnormally low tenders in the procurement process. Limited liability causes firms in … a bad financial situation to bid more aggressively than good firms in the procurement auction. Therefore, it is more …
Persistent link: https://www.econbiz.de/10005707992
When procurement takes place in the presence of horizontally differentiated contractors, the design of the object being … procured affects the resulting degree of competition. This paper highlights the interaction between the optimal procurement …
Persistent link: https://www.econbiz.de/10005772451
In the presence of cost uncertainty, limited liability introduces the possibility of default in procurement with its … procurement even when default is costless for the sponsor. …
Persistent link: https://www.econbiz.de/10005012903
We study optimal procurement in the presence of default risk. Contractors differ in the penalty they suffer in case of …
Persistent link: https://www.econbiz.de/10008876627
In the presence of cost uncertainty, limited liability introduces the possibility of default in procurement. If … pooling at higher net worth may reduce the cost of procurement even when default is costless for the sponsor. …
Persistent link: https://www.econbiz.de/10011049705