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Should buyers advertise contracts?

October 27, 2022Industrial Organization Microeconomics Public Policy No Comments

This article looks at the equilibrium effects of enhancing competition for procurement contracts in prices and execution quality.  By focusing on the U.S. Department of Defense, the authors provide empirical evidence on this trade-off to later develop an equilibrium model of competition for contracts.

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Towards optimal regulation in public contracting

March 22, 2021Public Policy No Comments
Stacks of contracts block the road to the United States Capitol Building

Rodrigo Carril studies the trade-off between rules and discretion in the context of US federal procurement.

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