We review different kinds of corruption that have been observed in procurement auctions
and categorize them. We discuss means to avoid corruption, by choice of preferable auction …

When the owner of an object sells it through an auction run by an agent of hers, corruption
may appear. In a first-price auction, corruption can make honest bidders more or less …

We suggest and provide empirical evidence that the bargaining power of alliance partners
stemming from their prominence in alliance networks influences the ex-ante allocation of …

We consider a model of bribery in an asymmetric procurement auction. In return for a bribe
from the dishonest supplier, the auctioneer has the discretion to allow this supplier to revise …

Globalization reshaped supply chains and the boundaries of firms in favor of outsourcing.
Now, even vertically integrated firms procure substantially from external suppliers. To study …

In many auctions, the auctioneer is an agent of the seller. This invites corruption. We analyze
a model in which the auctioneer orchestrates bid rigging by inviting a bidder to either lower …

Deal protection in mergers and acquisitions (M&A) deals evolves in response to Delaware
case law and the business goals of acquirers and targets. We construct a new sample of …

This article examines agreements between a buyer and one of the suppliers which increase
their joint surplus. The provisions of such agreements depend on the buyer's ability to …

I examine the costs and benefits of granting a right of first refusal (ROFR) to one bidder in a
first-price procurement auction with two bidders. This right permits the favored bidder to win …

Quali sono le potenzialità e le criticità del Partenariato Pubblico Privato (PPP) in Italia? In
questo lavoro si discutono alcuni aspetti della recente contrattualistica pubblica sul PPP alla …