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Friday, January 10, 2014

Procurement and Predation: Dynamic Sourcing from Financially Constrained Suppliers

Malin Arve (Mannheim) discusses Procurement and Predation: Dynamic Sourcing from Financially Constrained Suppliers.

ABSTRACT: This paper studies the interaction between financially constrained and financially strong firms on a procurement market. It characterizes and discusses a procurement agency's optimal response when faced with financially asymmetric firms. By considering a dynamic setting, both present and future consequences and incentives are taken into account.

http://lawprofessors.typepad.com/antitrustprof_blog/2014/01/procurement-and-predation-dynamic-sourcing-from-financially-constrained-suppliers.html

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