Contingent payments in procurement interactions: Experimental evidence
(2024)
Journal Article
Shachat, J., Walker, M. J., & Wei, L. (2024). Contingent payments in procurement interactions: Experimental evidence. European Economic Review, 170, Article 104886. https://doi.org/10.1016/j.euroecorev.2024.104886
A primary objective of creating competition among suppliers is the procurement of higher quality goods and services at lower prices. When procuring non-standard goods, it is often difficult to write a complete specification of desired quality in the... Read More about Contingent payments in procurement interactions: Experimental evidence.