The buyer-seller risk distribution and competition effects in procurement auctions

This thesis investigates how competition effects in government procurement auction are affected by the risk distribution between the procurer and the winning bidder. The risk distribution is linked to the conditions of payment which is assumed to be largely determined by the procurer. Thus, by inves...

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Bibliographic Details
Main Author: Ridderstedt, Ivan
Format: Others
Language:English
Published: KTH, Entreprenörskap och Innovation 2016
Subjects:
Online Access:http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-181330