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Technology has been playing a central role in defense spending or arms-producing countries since World War II. Although there has been no major threat or conflict since the 1990s, defense R&D absorbs a large share of military expenditures, as well as public R&D. This technology-centric paradigm...
Persistent link: https://www.econbiz.de/10010899173
We study the effect of cheap talk between bidders on the outcome of a first-price procurement game with N sellers in …
Persistent link: https://www.econbiz.de/10010899919
In this article we present various issues that underline public procurement, critically evaluate some of the … procurement practices and discuss the role of the regulator.1 The objective of the study is to bring forth various issues that … dominate public procurement, identify the challenges and suggest framework to address them. We lay particular emphasis on …
Persistent link: https://www.econbiz.de/10010784636
The government procurement comprises a substantial amount of total procurement for every economy in the recent years …. In light of the present procurement market and existing structure, this study throws a light on the evolving amount of … the procurement by the Indian PSUs in recent years in the light of the WTO agreements. Though there is some degree of …
Persistent link: https://www.econbiz.de/10010785659
We study optimal regulation of a monopolist when intrinsic efficiency (intrinsic cost) and empire-building tendency (marginal utility of output) are private information but actual cost (difference between intrinsic cost and effort level) is observable. This is a problem of multidimensional...
Persistent link: https://www.econbiz.de/10010634137
procurement and contract management, better projects implementation and better monitoring are still needed, in spite of the …
Persistent link: https://www.econbiz.de/10011025548
Purpose – The purpose of this paper is to develop and validate an innovative Fuzzy Recognition Based‐Benefit Estimation Model (FRB‐BEM) to quantify the benefits obtained from a Mid‐Project Review (MPR) (e.g. the Gateway Review Process (GRP)). This is a quantitative assessment to evaluate...
Persistent link: https://www.econbiz.de/10014677470
opportunity to reconstruct an intensive procurement process by detailed first‐hand information in a specific case.  …
Persistent link: https://www.econbiz.de/10014677475
to PPP/PFI “best value”, advantages and disadvantages, and government preferred procurement routes, are investigated. The … two UK Government preferred procurement routes, “design and build” and “prime contracting”. Practical implications – This … questions the UK Government's choice of preferred procurement routes. However, even during a recession and its aftermath, the …
Persistent link: https://www.econbiz.de/10014677546
integrated procurement process, which develops incentive structures for action and effectively connects actors at various levels …
Persistent link: https://www.econbiz.de/10014695108