When procurement contracts are awarded through competitive tendering participating firms commit ex ante to fulfil a set of contractual duties. However, selected contractors may find profitable to renege ex post on their promises by opportunistically delivering lower quality standards. In order...

We provide causal evidence on how date marking policies influence consumers' valuation of perishable food products through three consecutive research steps. In a preparatory in-store survey (n = 100), we identify perishable food items that can be experimentally manipulated to overcome core...

This paper addresses the issue of whether the powers of monitoring compliance and allocating tradeable emissions allowances within a federation of countries should be appointed to a unique federal regulator or decentralized to several local regulators. To this end, we develop a two stage game...