Precontractual investment and modes of procurement
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DOI: 10.1016/j.euroecorev.2020.103404
Abstract: Abstract Consider a repeated game in which a buyer must decide whether to procure goods whose design may prove defective through auctions or negotiations. To reduce the likelihood of failure, the buyer must motivate the… read more here.
Keywords: precontractual investment; investment modes; modes procurement; buyer ... See more keywords