We consider sealed and open-bid total-cost procurement auctions where two attributes are used for contract award … seeks to minimize her total (price and quality adjustment) procurement cost, can choose to announce the quality adjustment … additive as well as multiplicative total cost functions. The results suggest that procurement managers can use their …

We analyze self- and joint procurement of countries with heterogeneous demand for a good offered by a price … well as too much heterogeneity of insiders make the buyer group unstable. Uniform price procurement without a quantity … restriction is only stable with intra-group transfers. We relate our findings to the COVID-19 vaccine procurement of the European …

) or decentralize the component procurement to the CM (i.e., turnkey). However, no paper has yet studied firms’ preferences … consignment and turnkey; however, the benefit of buyer finance is more significantly undercut by the procurement decentralization … a higher asset value. Notwithstanding, firms can benefit from procurement decentralization in both bank finance and …