Political contestability and public contract rigidity: An analysis of procurement contracts
Are public contracts less adaptable than private contracts? Using a comprehensive set of contracts for a standard product, we compare procurement contracts in which the procurer is either a public administration or a private corporation. We find that public-to-private contracts feature more rigidity...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Blackwell Publishing Inc.
2019
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Subjects: | |
Online Access: | View Fulltext in Publisher |