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Second Sourcing Author info | Abstract | Publisher info | Download info | Related research | Statistics Michael H. Riordan
David E.M. Sappington
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In a multistage model of defense procurement we show that a second source of production is often of limited value. In many instances, second sourcing will result in strictly less expected welfare than is generated by sole sourcing.
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Article provided by The RAND Corporation in its journal RAND Journal of Economics .
Volume (Year): 20 (1989)
Issue (Month): 1 (Spring)
Pages: 41-58
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Handle: RePEc:rje:randje:v:20:y:1989:i:spring:p:41-58Contact details of provider: Web page: http://www.rje.org
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