then require a second round of winning task orders. For contracts with the government, this two-step structure which is …Every year the US federal government will spend roughly 100 billion dollars through competitive IDIQ (Indefinite … Duration Indefinite Quantity) contracts. When you add in contracts awarded by State governments and commercial organizations …

Contracts that involve the government differ from contracts between two private parties in that the identity of one of … government to renegotiate it. I show that traditional damage measures used in contracts between two private parties exacerbate … the parties, the government, is subject to change. Given that the incumbent government knows that it might not be in power …

We present a theory to explain government procrastination as a consequence of its present-bias resulting from the … theory predicts that a government with a more strongly predominant party tends to procrastinate less. -- present …