Incentives and adaptation evidence from highway procurement in Minnesota

"Procurement projects often encounter unanticipated problems. Deadlines and penalties are one important instrument used to incentivize contractors to adapt their plans. We develop a theory of highway procurement in which contractors must modify their construction rate following a productivity...

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Bibliographische Detailangaben
1. Verfasser: Lewis, Gregory (VerfasserIn)
Weitere Verfasser: Bajari, Patrick L. (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: Cambridge, Mass. National Bureau of Economic Research 2011
Schriftenreihe:NBER working paper series 17647
Schlagworte:
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