procurement and of construction industry regulation is explored. The economic analysis of tender as a bidding process, and of a …

"This paper provides an experimental analysis of bargaining under imperfect information, molded by the circumstances … how information affects bargained shares and contractual failure in unitization. A second purpose is to provide a (partial …, Malouf, and Murnighan. The results suggest a new interpretation of how imperfect information molds sharing rules and …

and the firm can base incentive payments on good information.Competition, however, may allow the spot market and explicit …