The Economics of Public Procurement [Hardcover]

This volume explores all aspects of contemporary public procurement theory, examining managing risk in procurement, collusion in procurement, efficiency in procurement, transparency in procurement, and auction design.The Economics of Public Procurement; G.Piga & Khi V. Thai PART I: MANAGING RISK IN PROCUREMENT Public Procurement under Limited Liability; A.R.Engel & A.Wambach Bid Average Methods in Procurement; G.Albano, M.Bianchi & G.Spagnolo PART II: EFFICIENCY IN PROCUREMENT Combinatorial Procurement Auctions: A Collusion Remedy?; A.Lunander & J-E.Nilsson Auction Formats and Award Rules in Swedish Procurement Auctions; S.Lundberg PART III: CONTRACTING IN PROCUREMENT On the Economics of Subcontracting; A.Wambach & G.von Grawert-May Efficiency of Procurement Procedures for Medical Devices; C.Guccio, G.Pignataro & I.Rizzo PART IV: TRANSPARENCY IN PROCUREMENT Reputation-Based Governance of Public Works; L.Picci Why Do Transparent Public Procurement and Corruption Go Hand in Hand?; R.Coppier & G.Piga PART V: PROCUREMENT DESIGN Environmental Issues in Public Procurement: How Much De-centralization?; A.D'Amato Optimal Information Releasing in Multidimensional Public Procurement; N.DoniANDREAS R. ENGEL Department of Economics, University of Erlangen-Nuernberg, GermanyACHIM WAMBACH Department of Economics, University of Erlangen-Nuernberg, GermanyGIANCARLO SPAGNOLO Stockholm School of Economics, SwedenGIANLUIGI ALBANO Stockholm School of Economics, SwedenMILO BIANCHI Stockholm School of Economics, SwedenANDERS LUNANDER Department of Economics, ?rebro University, SwedenJAN-ERIC NILSSON Department of Economics, Dalarna University, SwedenSOFIA LUNDBERG Centre for Regional Science, CERUM, Ume? University, SwedenGERO VON GRAWERT-MAY TWS Partners, GermanyCALOGERO GUCCIO Universit? di Catania, ItalyGIACOMO PIGNATARO Universit? di Catania, ItalyILDE RIZZO Universit? di Catania, ItalyLUCIO PICCI University of Forl?, ItalyRAFFAELLA COPPIER Dipartimento dilÓà