E-Procurement is one of the focus areas of Government of India. E-Auctions in spectrum allocation and coal blocks are recent success stories. Adopting the right strategy is critical to the success of these initiatives. This paper develops a framework, which can be used by organisations for...

Agriculture in India is characterised by high risk and uncertainty in price and output. The reliance on the minimum support price mechanism has started showing its ill effects now. This paper attempts to study risk and uncertainty in agriculture price and output. It also tries to evaluate...

One of the issues in public procurement is whether the supplier selection process should be based only on competitive bidding (auction) alone or it should use negotiations. Relative efficiency of auction vs negotiation has been studied in economics literature. First price sealed bid auctions...

Technological advancements in power electronic systems and declining energy storage costs have led to a shift from conventional to renewable energy in the power sector. Increased environmental concern and fossil fuel shortage spurred the electric industries to usher in an era of distributed...