Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/75544
Authors: 
Bös, Dieter
Year of Publication: 
1999
Series/Report no.: 
CESifo Working Paper 208
Abstract: 
In public procur ement a temporal separation between award and actual contract allows private entrepreneurs who did not get the award to sue to become contractor. Hence, not only the award-winning entrepreneur, but also the losers will engage in relationship-specific investments. Unfortunately, in such a situation it is impossible to find fixed prices which guarantee the achievement of both efficient trade and efficient investment.
Subjects: 
Procurement
Incomplete Contracts
Document Type: 
Working Paper

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