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Introduction / Nicola Dimitri, Gustavo Piga and Giancarlo Spagnolo -- The variety of procurement practice : evidence from public procurement / Laura Carpineti, Gustavo Piga and Matteo Zanza -- General strategic principles -- When should procurement be centralized? / Nicola Dimitri, Federico Dini...
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The possible negative consequences of Artificial Intelligence (AI) have given rise to calls for public policy to ensure that it is safe, and to prevent improper use and misuse. Human-centered AI (HCAI) draws on ethical principles and puts forth actionable guidelines in this regard. So far...
Persistent link: https://www.econbiz.de/10012405740
The possible negative consequences of Artificial Intelligence (AI) have given rise to calls for public policy to ensure that it is safe, and to prevent improper use and misuse. Human-centered AI (HCAI) draws on ethical principles and puts forth actionable guidelines in this regard. So far...
Persistent link: https://www.econbiz.de/10013251536
In practical activity, the procurer can often decide to split the supply of a product in multiple contracts, or lots. This paper surveys some competitive tendering procedures for multiple contracts and discusses how the choice of the most appropriate format of competitive tendering for the...
Persistent link: https://www.econbiz.de/10014058806
A seminal result in the theory of competitive bidding holds that the buyer can lower the expected awarding price of a procurement contract by setting a reserve price below her opportunity cost for realizing the project. In this paper, we first provide a non-technical explanation for this result,...
Persistent link: https://www.econbiz.de/10014058807
Focusing on some main strategic themes, underlying the EU and third countries interaction in public procurement markets (PPM), within a very stylised game theory framework a main message of the paper suggests that open PPM may be more likely when, in the parties' negotiations, the perspective of...
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