| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9676 |
| DP9676 Public Procurement in Times of Crisis: The Bundling Decision Reconsidered | |
| Patrick W. Schmitz | |
| 发表日期 | 2013-10-06 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | The government wants two tasks to be performed. In each task, unobservable effort can be exerted by a wealth-constrained private contractor. If the government faces no binding budget constraints, it is optimal to bundle the tasks. The contractor in charge of both tasks then gets a bonus payment if and only if both tasks are successful. Yet, if the government has only a limited budget, it may be optimal to separate the tasks, so that there are two contractors each in charge of one task. In this case, high efforts in both tasks can be implemented with smaller bonus payments. |
| 主题 | Industrial Organization |
| 关键词 | Bundling Limited liability Moral hazard Procurement contracts Public goods provision |
| URL | https://cepr.org/publications/dp9676 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538512 |
| 推荐引用方式 GB/T 7714 | Patrick W. Schmitz. DP9676 Public Procurement in Times of Crisis: The Bundling Decision Reconsidered. 2013. |
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