Incentives in Government Contracting / / R. Preston McAfee, John McMillan.

Could the existing level of government services by provided at a lower cost? This study presents a convincing argument for incentive contracts as a means to this end. In a typical market economy, payments from the government to firms account for about one-half of government spending (excluding trans...

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Bibliographic Details
Superior document:Title is part of eBook package: De Gruyter University of Toronto Press eBook-Package Archive 1933-1999
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Place / Publishing House:Toronto : : University of Toronto Press, , [2019]
©1988
Year of Publication:2019
Language:English
Series:Heritage
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Physical Description:1 online resource (184 p.)
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Table of Contents:
  • Frontmatter
  • Contents
  • Figures
  • Tables
  • Acknowledgments
  • 1. Government Contracting
  • 2. Uncertainty and Incentives
  • 3. The Optimal Contract
  • 4. Competition in Bidding
  • 5. Simulations with Incentive Contracts
  • 6. United States Military Contracting
  • 7. Ontario Contracting Rules
  • 8. Ontario Contracting Practices
  • 9. Domestic Preferences in Government Procurement
  • 10. Privatization
  • 11. Summary of Results and Recommendations
  • References
  • Indexes
  • NAME INDEX