Similar Search Results

How (Not) to Foster Innovations in Public Infrastructure Projects

Hoppe, Eva I.; Schmitz, Patrick W. - 2019

The government wants an infrastructure-based public service to be provided. First, the infrastructure has to be built; subsequently, it has to be operated. Should the government bundle the building and operating tasks in a public-private partnership? Or should it choose traditional procurement,...

Persistent link: https://www.econbiz.de/10015264929

Governing Public-Private Partnerships: The Problem of Low-Cost Decisions

Mause, Karsten - 2019

In many cases, the expected efficiency advantages of public-private partnership (PPP) projects as a specific form of …

Persistent link: https://www.econbiz.de/10015266060

Make or Buy for Public Services: Culture Matters for Efficiency Considerations

Athias, Laure; Wicht, Pascal - 2024

whether the relative cost-efficiency of public versus private provision varies across cultures. We build a representative …, compared to private provision, increases cost- efficiency within French-speaking Swiss municipalities. These results resonate … efficiency is enhanced through mission matching, but they also unveil that this mission matching is culturally determined. …

Persistent link: https://www.econbiz.de/10015270951

Public Procurement in Times of Crisis: The Bundling Decision Reconsidered

Schmitz, Patrick W. - 2013

The government wants two tasks to be performed. In each task, unobservable effort can be exerted by a wealth-constrained private contractor. If the government faces no binding budget constraints, it is optimal to bundle the tasks. The contractor in charge of both tasks then gets a bonus payment...

Persistent link: https://www.econbiz.de/10015241103

Optimal Bidding for a Bundle of Power Transmission Infrastructure Works

Hernando, Andres; Villena, Mauricio; Apablaza, Valentina - 2023

We put forward an optimal bidding mechanism for a bundle of power transmission infrastructure works. Specifically, the regulator auctions two works altogether: one is to be developed and operated by the winning bidder, while the other is an owner-operated and financed expansion of an existing...

Persistent link: https://www.econbiz.de/10015213417

Too much or not enough crimes? On the ambiguous effects of repression

Langlais, Eric - 2007

The purpose of this paper is to investigate the optimal enforcement of the penal code when criminals invest in a specific class of avoidance activities termed dissembling activities (i.e. self-protection efforts undertaken by criminals to hedge their illegal gains in case of detection and...

Persistent link: https://www.econbiz.de/10015217168

Political Contestability and Public Contracting

Moszoro, Marian; Spiller, Pablo - 2019

Do public agents undertake socially inefficient activities to protect themselves? In politically contestable markets, part of the lack of flexibility in the design and implementation of the public procurement process reflects public agents' risk adaptations to limit the political hazards from...

Persistent link: https://www.econbiz.de/10015217289

Political Contestability and Public Contract Rigidity: An Analysis of Procurement Contracts

Beuve, Jean; Moszoro, Marian; Saussier, Stéphane - 2019

Are public contracts less adaptable than private contracts? Using a comprehensive set of contracts for a standard product, we compare procurement contracts in which the procurer is either a public administration or a private corporation. We find that public-to-private contracts feature more...

Persistent link: https://www.econbiz.de/10015217290

Implications of Third Parties for Contract Design

Moszoro, Marian; Spiller, Pablo - 2018

We analyze the implications of plausible third-party challenges to the legitimacy of a transaction for contract design. To the extent that such challenges impose reputation and transaction costs, the scrutinized agent has an incentive to choose contractual procedures that make challenges less...

Persistent link: https://www.econbiz.de/10015217291

The performance of local government in the execution of public works

Guccio, Calogero; Pignataro, Giacomo; Rizzo, Ilde - 2009

This paper aims at analysing the procurement of public works paying attention to the level of government involved. Such an issue has not received so far attention in the literature on fiscal federalism nor in the public works procurement literature. We focus the attention upon the execution...

Persistent link: https://www.econbiz.de/10015217485