In this paper, we use a large database of more than 3,700 strategic relationships in force between French firms in 2003 to study the way they govern their relationships combining both relational and formal elements. We argue that these two dimensions might be complements or substitutes depending...

We compare procurement contracts where the procurer is either a public agent or a private corporation. Using algorithmic data reading and textual analysis on a rich dataset of con- tracts for a standardized product and service from a single provider, we find that public contracts feature more...

The frequent renegotiation of public contracts is variously attributed to collusion between officials and bidders, the desire to circumvent budgetary rules, and other factors. This column challenges the industrial organisation view of public contract renegotiation, showing that frequent...

This paper examines the impact of renegotiations on contract renewals. Using an original dataset of procurement contracts in the French car park sector, we show that there exists an optimal level of renegotiations that positively impacts the probability of renewing a contract with the same...