haku: @freeterm procurement / yhteensä: 13
viite: 6 / 13
Tekijä:Anthon, S.
Bogetoft, P.
Thorsen, B.J.
Otsikko:Socially optimal procurement with tight budgets and rationing
Lehti:Journal of Public Economics
2007 : AUG, VOL. 91:7-8, p. 1625-1642
Asiasana:models
social costs
fixed costs
budgetary control
taxation
public sector
Vapaa asiasana:procurement
stochastic rationing
Kieli:eng
Tiivistelmä:This paper explores the behaviour of a social planner that secures the supply of a good, e.g. an environmental benefit, through contracting with private agents. Among others, it is found that budget constraints and fixed costs change the optimal contract design in more than one way: the social planner minimizes costs, rations high cost contracts to reduce fixed costs and information rents, and distorts contracts for all agent types, including low-cost agents etc.
SCIMA tietueen numero: 265997
lisää koriin
SCIMA