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Ambigüedad estratégica en contratos públicos de suministro

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Constanza M. Fosco Perea M () (ILADES-Georgetown University, Universidad Alberto Hurtado.)

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Abstract

En este trabajo se presenta, sobre la base de un modelo de intercambio entre agentes privados de Douglas Bernheim y Michael Whinston (1998), un contrato típico de suministro entre el gobierno y una firma privada, en un contexto dinámico y sin renegociación. La firma debe realizar inversiones (observables, no verificables) para mejorar la calidad o para reducir costos o ambos tipos. Los resultados obtenidos por Bernheim, D. y M. Whinston se aplican cuando el comprador es el gobierno benevolente, siempre que valore por igual las utilidades de los agentes privados y la recaudación de impuestos para pagar el bien no distorsione la asignación de recursos en otros mercados. Cuando la firma debe realizar inversiones para reducir costos, el contrato incompleto que sólo especifica todas las variables verificables es óptimo; y cuando la firma debe realizar inversiones para mejorar la calidad, es óptimo un contrato incompleto por ambigüedad estratégica (no incluye todas las variables verificables). Sin embargo, cuando se incorpora el supuesto de que la inversión en reducción de costos disminuye la calidad del bien, el contrato incompleto tradicional no es óptimo y se alcanza el first best con uno incompleto por ambigüedad estratégica. Lo mismo sucede cuando se combinan ambos modelos y la firma debe realizar ambos tipos de inversión, afecte o no la inversión en reducción de costos el nivel de calidad.

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Paper provided by Ilades-Georgetown University, School of Economics and Bussines in its series ILADES-Georgetown University Working Papers with number inv127.

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Handle: RePEc:ila:ilades:inv127

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  2. Bernheim, B Douglas & Whinston, Michael D, 1998. "Incomplete Contracts and Strategic Ambiguity," American Economic Review, American Economic Association, vol. 88(4), pages 902-32, September. [Downloadable!] (restricted)
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  6. Oliver Hart & Andrei Shleifer & Robert Vishny, 1996. "The Proper Scope of Government: Theory and an Application to Prisons," Harvard Institute of Economic Research Working Papers 1778, Harvard - Institute of Economic Research.
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  7. Mukerji, S., 1996. "Ambiguity Aversion and Incompleteness of Contractual Form," Discussion Paper Series In Economics And Econometrics 9616, Economics Division, School of Social Sciences, University of Southampton.
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  8. Anderlini, Luca & Felli, Leonardo, 1994. "Incomplete Written Contracts: Undescribable States of Nature," The Quarterly Journal of Economics, MIT Press, vol. 109(4), pages 1085-1124, November. [Downloadable!] (restricted)
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  9. Georg Noldeke & Klaus M. Schmidt, 1995. "Option Contracts and Renegotiation: A Solution to the Hold-Up Problem," RAND Journal of Economics, The RAND Corporation, vol. 26(2), pages 163-179, Summer. [Downloadable!] (restricted)
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  10. Luca Anderlini & Leonardo Felli, 1996. "Costly Contingent Contracts," STICERD - Theoretical Economics Paper Series 313, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
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