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| 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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