search query: @author Vagstad, S. / total: 2
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| Author: | Vagstad, S. |
| Title: | Promoting fair competition in public procurement |
| Journal: | Journal of Public Economics
1995 : OCT, VOL. 58:2, p. 283-307 |
| Index terms: | CONTRACTS AUCTIONS DISCRIMINATION |
| Language: | eng |
| Abstract: | If a government cares for local firms' profit, but not for foreign firms', foreign firms will be discriminated against when competing for government procurement contracts. Foreign firms will be chosen less often and, when chosen, earn less profit than local firms. The author analyzes a more central authority's policies against such discrimination given a situation in which a government has private information on own costs. Necessary and sufficient conditions for free revelation of quality information are derived. |
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