Quality Effort Incentives

Question 1

Read the following article, which is one of your recommended readings this week:

Huang, H., Kauffman, R. J., Xu, H., & Zhao, L. (2011). Mechanism design for e-procurement auctions: On the efficacy of post-auction negotiation and quality effort incentives. Electronic Commerce Research and Applications10(6), 650-672.

In a three- to four-page paper (in addition to the cover and reference pages that you must include), write a summary of this study and its findings. Analyze and discuss the importance of negotiations for the purpose of procuring goods and services.

Utilize the textbook and at least two outside professional/scholarly articles. Be sure to cite your sources in a reference page.

Question 2

Read the following article:

Miller, D. P. (2014). Subcontracting and competitive bidding on incomplete procurement contracts. The RAND Journal of Economics45(4), 705-746.

In a three- to four-page paper (in addition to the cover and reference pages that you must include), write a summary of this study and its findings. Analyze and discuss the role and importance of subcontracting in project management.

 

 

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