Doing It by the Book: Political Contestability and Public Contract Renegotiations

Abstract We present a public procurement model in which contractual flexibility and political tolerance for contractual deviations determine renegotiations. In the model, contractual flexibility allows for adaptation without formal renegotiation, while political tolerance for deviations decreases wi...

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Veröffentlicht in:Journal of law, economics, & organization economics, & organization, 2023-03, Vol.39 (1), p.281-308
Hauptverfasser: Beuve, Jean, Moszoro, Marian W, Spiller, Pablo T
Format: Artikel
Sprache:eng
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