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The authors consider a symmetric model composed of two countries and a firm in each country. Firms produce the same good by means of a polluting technology which uses fossil energy. However, these firms can adopt clean technology which uses renewable energy, having lower costs. Interestingly,...
Persistent link: https://www.econbiz.de/10010352637
The authors consider a symmetric model composed of two countries and a firm in each country. Firms produce the same good by means of a polluting technology which uses fossil energy. However, these firms can adopt clean technology which uses renewable energy, having lower costs. Interestingly,...
Persistent link: https://www.econbiz.de/10010954764
The dynamics of a stochastic, two–period principal–agent relationship is studied. The agent’s type remains the same over time. Contracts are short term. The principal designs the second contract, taking the information available about the agent after the first period into account. Compared...
Persistent link: https://www.econbiz.de/10005021918
efficiency of natural resource management. The need for a multi-dimensional production frontier approach is sketched, along with …
Persistent link: https://www.econbiz.de/10005749433
The dynamics of a stochastic, two-period principal-agent relationship is studied. The agent's type remains the same over time. Contracts are short term. The principal designs the second contract, taking the information available about the agent after the first period into account. <p>Compared to...</p>
Persistent link: https://www.econbiz.de/10005753321
It was the best of times, it was the worst of times -- a year marked by genuine progress in public procurement law in some nations, and partial paralysis in others. This article presents the experience of Sweden (as part of the European Union), the United Kingdom (which is slated soon to depart...
Persistent link: https://www.econbiz.de/10014115627
This paper analyzes the problem of abnormally low tenders in the procurement process. Limited liability causes firms in a bad financial situation to bid more aggressively than good firms in the procurement auction. Therefore, it is more likely that the winning firm is a firm in financial...
Persistent link: https://www.econbiz.de/10014117106
In 2009, the Israeli Government initiated a comprehensive reform of its tendering regulations with the objective of streamlining and modernizing the procedures, adapting them to technological advances, and decentralizing authority in relation to choice of procurement method and the granting of...
Persistent link: https://www.econbiz.de/10014139480
, efficiency and professionalism in the award of public contracts. With mandatory e-tendering of federal, sub-federal and PSE … needed to usher in transparency and efficiency in public purchases and internationalise the country's government procurement …
Persistent link: https://www.econbiz.de/10013021569
This paper empirically investigates the impact of public procurement regulation quality on competition and cost-effectiveness. I employ the World Bank's Benchmarking Public Procurement quality scores. Using extensive data about public procurement in the European Economic Area, Switzerland, and...
Persistent link: https://www.econbiz.de/10012889709