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Auctions vs. negotiations : the case of favoritism

Gretschko, Vitali; Wambach, Achim - 2012

We compare two commonly used mechanisms in procurement: auctions and negotiations. The execution of the procurement mechanism is delegated to an agent of the buyer. The agent has private information about the buyer's preferences and may collude with one of the sellers. We provide a precise...

Persistent link: https://www.econbiz.de/10009689581

Asymmetric yardstick competition : traditional procurement versus public-private partnerships

Di Liddo, Giuseppe; Vinella, Annalisa - 2019

We investigate yardstick competition between local jurisdictions in which pure rent-seeking incumbents undertake an identical infrastructure project choosing be- tween two contractual arrangements with different financing profiles, namely traditional procurement (TP) and public-private...

Persistent link: https://www.econbiz.de/10011956309

Discrimination in dynamic procurement design with learning-by-doing

Barbosa, Klenio; Boyer, Pierre C. - 2012

Discriminatory programs that favor local and small firms in government procurement are common in many countries. This paper studies the long-run impact of procurement discrimination on market structure and future competition in industries where learning-by-doing makes incumbent firms more...

Persistent link: https://www.econbiz.de/10009630098

Indirect savings from public procurement centralization

Lotti, Clarissa; Muço, Arieda; Spagnolo, Giancarlo; … - 2023

Centralization of public procurement can lower prices for the government's direct purchase of goods and services. This paper focuses on indirect savings. Public administrations that do not procure directly through a central procurement agency might benefit from the availability of...

Persistent link: https://www.econbiz.de/10013542947

The long-run evolution of infrastructure services

Goldsmith, Hugh - 2014

This paper traces the 11,000 year evolution of infrastructure systems during major periods of innovation, expansion and … millennia, although at times it has been pivotal in bringing innovation, taking risks and driving efficiency. It is argued that … innovation cycles, stressing that only an evolutionary, multi-disciplinary, systems approach embracing technology, finance, and …

Persistent link: https://www.econbiz.de/10010434094

Innovation in the supply and procurement of rig services

Osmundsen, Petter - 2014

Substantial elements of innovation have been observable during recent years in rig supply, in particular regarding … under pressure. On the basis of theory and available empirical insights, the paper outlines the conditions where specific …

Persistent link: https://www.econbiz.de/10010404426

Bureaucratic frictions and innovation procurement

Giuffrida, Leonardo M.; Raiteri, Emilio - 2023

US federal agency, we investigate how officer workload impacts innovation procurement outcomes. Unanticipated retirement …

Persistent link: https://www.econbiz.de/10014431269

Easing renegotiation rules in public procurement : evidence from a policy reform

Jaegher, Kris de; Šoltés, Michal; Titl, Vitezslav - 2024

Public procurement contracts require frequent renegotiation. We exploit the Czech implementation of an EU policy as a natural experiment to investigate the effect of eased renegotiation rules. We document that the eased renegotiation rules decreased winning bids but did not change the final...

Persistent link: https://www.econbiz.de/10015179217

The increasing cost of buying American

Bombardini, Matilde; Gonzalez Lira, Andres; Li, Bingjing; … - 2024

The latest resurgence in the U.S. of policies aimed at reducing imports and bolstering domestic production has included the expansion of Buy American provisions. While some of these are new and untested, in this paper we evaluate long-standing procurement limitations on the purchase of foreign...

Persistent link: https://www.econbiz.de/10015065301

Corruption under austerity

Daniele, Gianmarco; Giommoni, Tommaso - 2021

We study how policies limiting the spending capacity of local governments may reduce corruption. We exploit the extension of one such policy, the Domestic Stability Pact (DSP), to small Italian municipalities. The DSP led to a decrease in both recorded corruption rates and corruption charges per...

Persistent link: https://www.econbiz.de/10012437907