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Discretion, Efficiency, and Trust in European Public Procurement

Thu, April 3, 3:20 to 4:50pm CDT (3:20 to 4:50pm CDT), Palmer House Hilton, Floor: 7th, Burnham 4

Brief Overview

We formally study the countervailing effects of capacity, trust, and discretion on public procurement contract efficiency using a principal-agent model. We then empirically test the implications of the formal model.

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