Guccio, Calogero; Pignataro, Giacomo; Rizzo, Ilde - In: Rivista di Politica Economica 96 (2006) 1, pp. 135-158
The paper investigates the efficiency of procurement for medical devices. Differentiation of products in this market, due to doctors' preferences for specific technologies, might reduce the number of suppliers and the potential positive impact of auctions relative to negotiations. Using a large...