Publicação
Mechanism Induced Cost Overruns
| dc.contributor.author | Gaspar, Vítor | |
| dc.contributor.author | Leite, António Nogueira | |
| dc.date.accessioned | 2019-10-17T15:23:19Z | |
| dc.date.available | 2019-10-17T15:23:19Z | |
| dc.date.issued | 1989-05 | |
| dc.description.abstract | We develop a procurement model where given sensible rules regarding contractor selection cost overruns are expected to occur. In this model, although the sponsor has access to unbiased ex ante estimates of project costs, the selection mechanism induces an ex post downward bias as to project costs. We further investigate the relationship between signal's accuracy and the expected magnitude of the bias. | pt_PT |
| dc.description.version | N/A | pt_PT |
| dc.identifier.citation | Gaspar, Vitor and Leite, Antonio P.N., Mechanism Induced Cost Overruns (May, 1989). FEUNL Working Paper Series No. 121 | pt_PT |
| dc.identifier.uri | http://hdl.handle.net/10362/84569 | |
| dc.language.iso | eng | pt_PT |
| dc.peerreviewed | no | pt_PT |
| dc.publisher | Nova SBE | pt_PT |
| dc.relation.ispartofseries | FEUNL Working Paper Series;121 | |
| dc.subject | Selection Mechanism | pt_PT |
| dc.subject | Cost Overruns | pt_PT |
| dc.title | Mechanism Induced Cost Overruns | pt_PT |
| dc.type | working paper | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | workingPaper | pt_PT |