The scope and limits of accounting and judicial courts intervention in inefficient public procurement

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The scope and limits of accounting and judicial courts intervention in inefficient public procurement

Cost inefficiencies in public procurement tend to come from two sources: corruption (moral hazard) and incompetence (adverse selection). In most countries, audit authorities are responsible for monitoring costs but do not distinguish both sources of inefficiency in their audits. Judicial courts typi...

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Bibliographic Details
Main Authors:	Estache, Antonio, Foucart, Renaud
Format:	Article
Published:	Elsevier 2018
Subjects:	Moral hazard; Adverse selection; Procurement
Online Access:	https://eprints.nottingham.ac.uk/49573/

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