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文章基本信息

  • 标题:Efficient procurement with quality concerns
  • 本地全文:下载
  • 作者:Pierre-Henri MORAND ; Lionel THOMAS
  • 期刊名称:Discussion Paper / Département des Sciences Économiques de l'Université Catholique de Louvain
  • 印刷版ISSN:1379-244X
  • 出版年度:2006
  • 卷号:1
  • 出版社:Université catholique de Louvain
  • 摘要:In this paper, we design the optimal procurement mechanisms when bidders are privately informed on efficiency and on observable but neither verifiable nor contractible quality. We show that most of the optimal procurement institutions are mixed procedure implying both separation and pooling. Thus, the existing takc-it-or-leave-it offers and procurement auc-tion appear only as polar cases. Moreover, we show that separation and pooling may affect the allocative efficiency of the procurement in a counter-intuitive way, such that a less bunching niechanism can be a more inefficient one.
  • 关键词:Mechanism design, procurement, non-contractible quality
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