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swiftly increase spending. Consequently, public procurement rules have been relaxed in many places to expedite transactions … spending from Colombia’s e-procurement platform, and a difference-in-differences identification strategy, we find that …
Persistent link: https://www.econbiz.de/10013228815
This paper studies cost-plus-time (A+B) procurement contracting with time incentives in the highway construction … completion time, and the A+B contract design is not ex-post efficient. Using data from highway procurement contracts in … industry. In the presence of construction uncertainty, the contractor’s actual completion time may deviate from the bid …
Persistent link: https://www.econbiz.de/10014237545
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This paper studies A+B (cost-plus-time) procurement contracting with time incentives in the highway construction … completion time, and the A+B contract design is not ex post efficient. Using data from highway procurement contracts in … industry. In the presence of construction uncertainty, the contractor's actual completion time may deviate from the bid …
Persistent link: https://www.econbiz.de/10012822655
We provide a comparison of bidding behavior between multi-round and single-round auctions considering bid lettings for asphalt construction contracts. Using a reduced-form difference-in-difference approach as well as the nonparametric estimation technique proposed by Racine and Li (2004) we find...
Persistent link: https://www.econbiz.de/10014188322
classical optimal growth and tree cutting problems, repeated games, and bargaining. Both time-consistent and time …
Persistent link: https://www.econbiz.de/10011702602
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