We consider innovation contests for the procurement of an innovation under moral hazard and adverse selection … random quality. Innovation quality is not contractible. We compare two procurement mechanisms—a fixed prize and a first …

, information problems, effectiveness, accountability, and procurement efficiency are analysed in a qualitative way. It is concluded …

, information problems, effectiveness, accountability, and procurement efficiency are analysed in a qualitative way. It is concluded …

China’s military contracting and procurement system is undergoing significant changes intended to raise its … that oversees contracting and procurement under the General Armament Department (GAD). Improvements in GAD’s MRO system …

procurement contract types the first important feature is the stepwise structure with three main steps in the contract design: (1 …

We analyse a procurement auction in which sellers are distinguished on the basis of the ratios of quality per unit of …

which public procurement system from Romania can become a successful model in Europe and support for the economic … development of the country. In order to find improvement solutions of the public procurement system in Romania, research has been … done on the ability to ensure optimal transparency of Electronic Public Procurement System, on the main disruptions at …

For the procurement of complex goods the early exchange of information is important to avoid costly renegotiation ex … use of negotiations as a procurement mechanism in private industry. …