This policy brief examines EU public procurement data from the Tenders Electronic Daily (TED) to evaluate foreign bidders' participation and success in winning EU public contracts. Despite data coverage limitations, the available information shows an increase in foreign participation in both...

Europe's fragmented defence procurement markets undermine Europe's security efforts. Larger procurement markets, by contrast, deliver sharper competition, lower prices, and stronger incentives for specialisation and technological progress. Using data from the EU's Tender Electronic Daily (TED),...

I study a model of procurement with moral hazard and adverse selection. The procurer is either corrupt or honest and can choose between sole-sourcing and competitive tender. I compare two procurement regulations: no sole-sourcing is allowed (rigid regulation) and sole-sourcing is allowed in an...