Commitment in Procurement Contracting

DOI10.2307/3440313zbMath0659.90023OpenAlexW1545667563MaRDI QIDQ3809549

Michael H. Riordan, David E. M. Sappington

Publication date: 1988

Published in: The Scandinavian Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/3440313

zbMATH Keywords

private informationsequential contractingmonopsonistinefficient productionmultistage procurement process

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

Related Items (1)

Optimal contracts with public ex post information

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