Payment ceilings in cost-plus contracting

Cost-plus procurement contracts are widely used by the government. Although prior studies have recognized that payment ceilings are a common element in cost-plus procurement contracts, these studies have not examined the endogenous determination or the welfare effects of such ceilings. In this paper...

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Veröffentlicht in:	Management accounting research 1998-09, Vol.9 (3), p.311-327
Hauptverfasser:	Loeb, Martin P., Surysekar, Krishnamurthy
Format:	Artikel
Sprache:	eng
Schlagworte:	Agency theory Contracts Cost accounting Economic models Government purchasing Payment agreements Payment systems Prices Public economics Studies
Online-Zugang:	Volltext
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