Procurement and Predation: Dynamic Sourcing from Financially Constrained Suppliers

This paper studies the interaction between financially constrained and financially strong firms on a procurement market. It characterizes and discusses a procurement agency's optimal response when faced with financially asymmetric firms. By considering a dynamic setting, both present and future consequences and incentives are taken into account.

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Year of publication:	2013
Authors:	Arve, Malin
Publisher:	München : Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)
Subject:	Asymmetric information \| Dual sourcing \| Favoritism \| Financial constraints \| Procurement

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Series:	SFB/TR 15 Discussion Paper ; 441
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	10.5282/ubm/epub.17402 [DOI] 77133320X [GVK] hdl:10419/93975 [Handle] RePEc:trf:wpaper:441 [RePEc]
Classification:	D82 - Asymmetric and Private Information ; G30 - Corporate Finance and Governance. General ; H57 - Procurement
Source:	EconStor

Persistent link: https://www.econbiz.de/10010333952