Abstract
Under multiplicative separability of the cost function, this paper investigates the identification of the procurement model. Moreover, we characterize the model restrictions on observables and show its observational equivalence to one where the function of private information is the identity.
Original language | English (US) |
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Pages (from-to) | 9-11 |
Number of pages | 3 |
Journal | Economics Letters |
Volume | 114 |
Issue number | 1 |
DOIs | |
State | Published - Jan 2012 |
Keywords
- Contracts
- Nonparametric identification
- Procurement
- Regulation
ASJC Scopus subject areas
- Finance
- Economics and Econometrics