search query: @freeterm technology adoption / total: 7
reference: 4 / 7
Author: | Branco, F. |
Title: | Procurement favouritism and technology adoption |
Journal: | European Economic Review
2002 : JAN, VOL. 46:1, p. 73-91 |
Index terms: | AUCTIONS |
Freeterms: | PROCUREMENT TECHNOLOGY ADOPTION |
Language: | eng |
Abstract: | It is well known that the design of cost minimizing procurement rules for the selection of a contractor among distinct technological groups requires the favouritism of inefficient firms. In this paper, the authors shows that, if technology adoption is non-contractible, these policies will also provide optimal incentives for the inefficient firms to adopt more efficient technologies. |
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