Title of article
Pre vs. post-award subcontracting plans in procurement bidding
Author/Authors
Francois Marechal، نويسنده , , Pierre-Henri Morand، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2003
Pages
8
From page
23
To page
30
Abstract
We show how the timing of the subcontracting decision affects subcontracting levels, bidding strategies and expected total cost of procurement contracts, considering that bidders face a trade-off between subcontracting rents and expected change orders when choosing the subcontracting level.
Keywords
Procurement , bidding , Subcontracting , Change orders
Journal title
Economics Letters
Serial Year
2003
Journal title
Economics Letters
Record number
435262
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