This paper studies the optimal structure of procurement contracts between public and private sectors by mainly … comparing two typical procurement types: traditional procurement and public-private partnership (PPP). We first set up a … principal-agent model focusing on bundling effects of procurement based on Hart (2003), and Iossa and Martimort (2015) to see …

traditional procurement (TP) and public-private partnership (PPP). We show that a mixed regime, in which TP is used in one …

activity for certain industries or service providers. The public procurement segment's attractiveness is also underlined by the … to do business with foreign governments is limited by various national legislations as governments settle the procurement … typical procurement types - traditional procurement and public-private partnership - with regard to recent development trends …