A common approach to markets with adverse selection is to regulate competition to minimize inefficiencies, while preserving consumer choice among firms. We study the role of procurement auctions - leading to sole provision by the winning firm - as an alternative market design. Relative to...

We investigate profit-share auctions in a procurement context, comparing them with traditional cash auctions to identify which mechanism yields lower expenses for buyers. We also explore whether specifying a high project value in profit-share auction contracts influences supplier bidding...

We investigate profit-share auctions in a procurement context,comparing them with traditional cash auctions to identify which mechanism yields lower expenses for buyers. We also explore whether specifying a high project value in profit-share auction contracts influences supplier bidding...

Sustainability has gained considerable prominence in recent decades as the inevitability of change becomes increasingly apparent. Family businesses constitute a significant and influential part of the global economy. Therefore, they are pivotal in addressing the world’s sustainability...

I study a model of procurement with moral hazard and adverse selection. The procurer is either corrupt or honest and can choose between sole-sourcing and competitive tender. I compare two procurement regulations: no sole-sourcing is allowed (rigid regulation) and sole-sourcing is allowed in an...

Supplier development in the form of contract farming has become the main sourcing strategy in agro-processing industry. However, it is not yet clear from the extant literature how investments in contract farming contribute towards yield per yield. More specifically, this study sought to...

Despite the evolution of purchasing operations over many years, a comprehensive perspective is lacking in practice, leading to inefficiencies. This study aims to validate a model designed to guide how to balance the purchasing environment. It comprehensively delineates the general pattern (a...

Skills are important qualities that procurement practitioners should have because they are relevant to procurement activities. Given its significance, this study investigates the influence of procurement skills on procurement performance in public organizations in Tanzania. Furthermore, the...

In the literature on Philippine public procurement, knowledge gaps exist in terms of coverage of period of reform implementation and scope of reform application. This study helps close these gaps by analyzing Philippine public procurement history up to the years of application of the 2016...

Background: the advent of Industry 4.0 (I4.0) innovations has revolutionized supply chain management through technologies like the Internet of Things (IoT) and Artificial Intelligence (AI) integrated into procurement processes. Methods: this study addresses a critical knowledge gap by conducting...

Centralization of public procurement can lower prices for the government's direct purchase of goods and services. This paper focuses on indirect savings. Public administrations that do not procure directly through a central procurement agency might benefit from the availability of...

Background: This study aims to identify how and if strategic procurement 4.0 performance influences competitiveness under circular economy conditions. In this regard, to achieve the aim of the study, we examine the moderating and mediating effects of strategic procurement 4.0 performance. In...

Is work overload a friction to public agencies? Using data on R&D procurements, patents, and contracting units from a US federal agency, we investigate how officer workload impacts innovation procurement outcomes. Unanticipated retirement shifts provide an exogenous source of variation that we...

This paper assesses the impact of favoritism in public procurement on private sector productivity growth. To this end, it combines three novel microeconomic data sets: administrative data on firms, including more than 4 million firm-year observations and rich financial and ownership information;...

Public capacity complements urban density because externalities abound in cities and urban scale makes it possible to share infrastructure that needs to be managed. Yet, urban governments face limitations that are not experienced by private sector entities. A city cannot just stop policing if it...

This factsheet is aimed at people within hospitals, clinics (or associations of clinics), ministries and competent bodies responsible for the procurement of medical devices and in vitro diagnostic medical devices. For a general overview of the impact of the Regulations, please refer to the...