Showing 1 - 10 of 3,099
The aim of this article is to examine whether there exists a relation between the participation in execution of public contracts and fi nancial indicators of companies. The issue is analysed using data on companies involved in the construction sector of the Slovak Republic. Hypotheses that the...
Persistent link: https://www.econbiz.de/10011195122
level lower than the announced. We compute the equilibrium level of corruption and we study the impact on corruption of the … competition in the market for procurement agents. We identify the effects that influence the equilibrium level of corruption and … show that, contrary to conventional wisdom, corruption may well be increasing in competition. …
Persistent link: https://www.econbiz.de/10005704948
spending of public institutions. The paper illustrates the “watchdog” potential of reducing corruption by means of providing …
Persistent link: https://www.econbiz.de/10008527634
of corruption in public procurement. The examination draws from a decision model for participants developed elsewhere, in … premises behind the IP idea, it is argued that they stem from a perspective on cor-ruption rooted on morality rather than on …
Persistent link: https://www.econbiz.de/10005556938
the overall efficiency of the system, including but beyond control of corruption. …
Persistent link: https://www.econbiz.de/10005408440
This paper analyzes the phenomenon of repeated procurements made by public sector customers from the same supplier. The previous surveys of “relational contracts” gave different explanations for the possible implications of such repeated procurements, but those surveys dealt mostly with...
Persistent link: https://www.econbiz.de/10011210547
The aim of this paper is to reveal whether there is a relation between public procurement and the election cycle in Prague. The examined data cover the period from 2005 to 2011. Two hypotheses have been set in order to discover whether there is such a relation. The first one postulates that...
Persistent link: https://www.econbiz.de/10011195119
authority. This could be an indirect indicator of conflict of interests or corruption. The article concludes with policy …
Persistent link: https://www.econbiz.de/10011195194
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/10010599726
In this paper we theoretically analyse effects of corruption in public procurements within a scoring-auction framework … politician selects the scoring rule. The paper shows that such corruption always leads to lower quality and lower price. Given a … level of corruption, a higher bargaining power of the politician in extracting bribes does not affect the quality but leads …
Persistent link: https://www.econbiz.de/10010906901