English, Article, Journal or magazine article edition: Self-Correcting Mechanisms in Public Procurement: Why Award and Contract Should be Separated Boes, Dieter; Dieter Bös; Martin Kolmar

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/52688
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Self-Correcting Mechanisms in Public Procurement: Why Award and Contract Should be Separated
Author
  • Boes, Dieter
  • Dieter Bös
  • Martin Kolmar
Physical Description
  • preprint
Notes
  • RePEc:ces:ceswps:_302
  • In public procurement a temporal separation of award and actual contracting can frequently be observed. In this paper we give an explanation for this institutional setting. For incomplete procurement contracts we show that such a separation may increase efficiency. We show that efficiency can be increased by post-award, pre-contract negotiations between the award-winning seller and one of the `losing' sellers. Surprisingly, the efficiency gains can be higher if the award is given to a seller with a lower reputation for quality instead of to a seller with higher reputation. Under certain conditions post-award, pre-contract rent-seeking activities also increase efficiency. This is always the case if the procurement agency is corrupt, but may also occur in the case of lobbying.
  • Procurement, Incomplete contracts, lobbying, corruption
  • RePEc:bon:bonedp:bgse5_2000
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment