{"id":"https://openalex.org/W2039768975","doi":"https://doi.org/10.1142/s0219198909002236","title":"A GAME OF SETTLEMENTS IN PUBLIC CONTRACTS","display_name":"A GAME OF SETTLEMENTS IN PUBLIC CONTRACTS","publication_year":2009,"publication_date":"2009-06-01","ids":{"openalex":"https://openalex.org/W2039768975","doi":"https://doi.org/10.1142/s0219198909002236","mag":"2039768975"},"language":"en","primary_location":{"id":"doi:10.1142/s0219198909002236","is_oa":false,"landing_page_url":"https://doi.org/10.1142/s0219198909002236","pdf_url":null,"source":{"id":"https://openalex.org/S130757258","display_name":"International Game Theory Review","issn_l":"0219-1989","issn":["0219-1989","1793-6675"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319815","host_organization_name":"World Scientific","host_organization_lineage":["https://openalex.org/P4310319815"],"host_organization_lineage_names":["World Scientific"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Game Theory Review","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5009845920","display_name":"Wilfried Pauwels","orcid":null},"institutions":[{"id":"https://openalex.org/I149213910","display_name":"University of Antwerp","ror":"https://ror.org/008x57b05","country_code":"BE","type":"education","lineage":["https://openalex.org/I149213910"]}],"countries":["BE"],"is_corresponding":false,"raw_author_name":"WILFRIED PAUWELS","raw_affiliation_strings":["Department of Economics, University of Antwerp, Prinsstraat 13, 2000 Antwerp, Belgium"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, University of Antwerp, Prinsstraat 13, 2000 Antwerp, Belgium","institution_ids":["https://openalex.org/I149213910"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5003345289","display_name":"Peter M. Kort","orcid":"https://orcid.org/0000-0001-5973-1981"},"institutions":[{"id":"https://openalex.org/I149213910","display_name":"University of Antwerp","ror":"https://ror.org/008x57b05","country_code":"BE","type":"education","lineage":["https://openalex.org/I149213910"]},{"id":"https://openalex.org/I193700539","display_name":"Tilburg University","ror":"https://ror.org/04b8v1s79","country_code":"NL","type":"education","lineage":["https://openalex.org/I193700539"]}],"countries":["BE","NL"],"is_corresponding":false,"raw_author_name":"PETER M. KORT","raw_affiliation_strings":["Department of Econometrics &amp; Operations Research and Center, Tilburg University, P. O. Box 90153, 5000 LE Tilburg, The Netherlands","Department of Economics, University of Antwerp, Prinsstraat 13, 2000 Antwerp, Belgium"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Econometrics &amp; Operations Research and Center, Tilburg University, P. O. Box 90153, 5000 LE Tilburg, The Netherlands","institution_ids":["https://openalex.org/I193700539"]},{"raw_affiliation_string":"Department of Economics, University of Antwerp, Prinsstraat 13, 2000 Antwerp, Belgium","institution_ids":["https://openalex.org/I149213910"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.14408548,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"11","issue":"02","first_page":"157","last_page":"179"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11762","display_name":"Law, Economics, and Judicial Systems","score":0.9997000098228455,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11762","display_name":"Law, Economics, and Judicial Systems","score":0.9997000098228455,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13138","display_name":"Legal and Constitutional Studies","score":0.9937000274658203,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9879999756813049,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/bidding","display_name":"Bidding","score":0.7376556396484375},{"id":"https://openalex.org/keywords/pooling","display_name":"Pooling","score":0.7099233865737915},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.603541910648346},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.5614891052246094},{"id":"https://openalex.org/keywords/government","display_name":"Government (linguistics)","score":0.5284557342529297},{"id":"https://openalex.org/keywords/competitive-equilibrium","display_name":"Competitive equilibrium","score":0.44864776730537415},{"id":"https://openalex.org/keywords/welfare","display_name":"Welfare","score":0.42656442523002625},{"id":"https://openalex.org/keywords/nash-equilibrium","display_name":"Nash equilibrium","score":0.4202956557273865},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.37318935990333557},{"id":"https://openalex.org/keywords/market-economy","display_name":"Market economy","score":0.1208493709564209},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.10575777292251587}],"concepts":[{"id":"https://openalex.org/C9233905","wikidata":"https://www.wikidata.org/wiki/Q3276328","display_name":"Bidding","level":2,"score":0.7376556396484375},{"id":"https://openalex.org/C70437156","wikidata":"https://www.wikidata.org/wiki/Q7228652","display_name":"Pooling","level":2,"score":0.7099233865737915},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.603541910648346},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5614891052246094},{"id":"https://openalex.org/C2778137410","wikidata":"https://www.wikidata.org/wiki/Q2732820","display_name":"Government (linguistics)","level":2,"score":0.5284557342529297},{"id":"https://openalex.org/C2780964549","wikidata":"https://www.wikidata.org/wiki/Q5156353","display_name":"Competitive equilibrium","level":2,"score":0.44864776730537415},{"id":"https://openalex.org/C100243477","wikidata":"https://www.wikidata.org/wiki/Q12002092","display_name":"Welfare","level":2,"score":0.42656442523002625},{"id":"https://openalex.org/C46814582","wikidata":"https://www.wikidata.org/wiki/Q23389","display_name":"Nash equilibrium","level":2,"score":0.4202956557273865},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.37318935990333557},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.1208493709564209},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.10575777292251587},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1142/s0219198909002236","is_oa":false,"landing_page_url":"https://doi.org/10.1142/s0219198909002236","pdf_url":null,"source":{"id":"https://openalex.org/S130757258","display_name":"International Game Theory Review","issn_l":"0219-1989","issn":["0219-1989","1793-6675"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319815","host_organization_name":"World Scientific","host_organization_lineage":["https://openalex.org/P4310319815"],"host_organization_lineage_names":["World Scientific"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Game Theory Review","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:wsi:igtrxx:v:11:y:2009:i:02:n:s0219198909002236","is_oa":false,"landing_page_url":"http://www.worldscientific.com/doi/abs/10.1142/S0219198909002236","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/16","display_name":"Peace, Justice and strong institutions","score":0.6600000262260437}],"awards":[],"funders":[{"id":"https://openalex.org/F4320321691","display_name":"Universit\u00e4t Wien","ror":"https://ror.org/03prydq77"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":23,"referenced_works":["https://openalex.org/W1595140942","https://openalex.org/W1967837118","https://openalex.org/W1968052890","https://openalex.org/W1972143018","https://openalex.org/W1998653406","https://openalex.org/W2000372003","https://openalex.org/W2007252106","https://openalex.org/W2023472967","https://openalex.org/W2056297541","https://openalex.org/W2056599827","https://openalex.org/W2060467884","https://openalex.org/W2071977105","https://openalex.org/W2081828942","https://openalex.org/W2093292332","https://openalex.org/W2108649633","https://openalex.org/W2109183455","https://openalex.org/W2115747715","https://openalex.org/W2160003140","https://openalex.org/W2161587756","https://openalex.org/W2169311505","https://openalex.org/W4234198536","https://openalex.org/W4247110188","https://openalex.org/W4250251550"],"related_works":["https://openalex.org/W2355561715","https://openalex.org/W2355326491","https://openalex.org/W2389286292","https://openalex.org/W2360751371","https://openalex.org/W2387920521","https://openalex.org/W2389754756","https://openalex.org/W2953234277","https://openalex.org/W2626256601","https://openalex.org/W2382224273","https://openalex.org/W3153383259"],"abstract_inverted_index":{"The":[0,31],"paper":[1],"considers":[2],"a":[3,10,15,103,112,127,151,164,169],"public":[4,12],"authority":[5],"wishing":[6],"to":[7,24,73,161,168,232],"carry":[8],"out":[9],"major":[11],"project.":[13],"As":[14],"result":[16,202],"of":[17,33,81,119,228],"competitive":[18],"bidding":[19,50],"the":[20,25,28,34,39,49,52,55,59,66,69,75,82,96,99,116,120,133,136,140,144,147,172,176,189,192,197,206,209,219,226,229],"project":[21,35],"is":[22,36,87,109,124,203,216],"assigned":[23],"firm":[26,53,70],"with":[27,163],"lowest":[29],"bid.":[30],"cost":[32],"uncertain":[37],"in":[38,90,218],"sense":[40],"that":[41,178,204],"it":[42,159],"can":[43,71,149],"be":[44],"low":[45,123,125],"or":[46],"high.":[47,94,157],"After":[48,63],"process":[51],"observes":[54],"true":[56,67],"cost,":[57,68],"while":[58],"government":[60,97,137,148],"remains":[61],"uninformed.":[62],"learning":[64],"about":[65],"start":[72],"renegotiate":[74],"contract":[76],"by":[77],"proposing":[78],"an":[79,85],"increase":[80,86],"price.":[83],"Such":[84],"only":[88],"justified":[89],"case":[91],"costs":[92,121,155,180],"are":[93,156,181,212],"If":[95,115],"rejects":[98],"new":[100,234],"price":[101,235],"proposal,":[102],"law":[104],"suit":[105],"follows.":[106],"This":[107],"situation":[108],"modeled":[110],"as":[111],"signaling":[113],"game.":[114],"prior":[117],"probability":[118],"being":[122],"(high),":[126],"pooling":[128,134],"(separating)":[129],"equilibrium":[130,135,146],"occurs.":[131],"In":[132,143,183],"always":[138],"accepts":[139],"firm's":[141,230],"proposal.":[142,236],"separating":[145],"apply":[150],"mixed":[152,173,220],"strategy":[153,174,221],"when":[154],"Then":[158],"goes":[160],"court":[162],"certain":[165],"probability.":[166],"Compared":[167],"pure":[170],"strategy,":[171],"has":[175],"advantage":[177],"legal":[179,210],"lower.":[182],"our":[184],"economic":[185],"analysis":[186],"we":[187],"compare":[188],"American":[190,207],"and":[191,214],"English":[193],"rule":[194,208],"for":[195],"sharing":[196],"litigation":[198],"expenses.":[199],"A":[200],"main":[201],"under":[205],"expenses":[211],"lower":[213],"welfare":[215],"higher":[217],"equilibrium.":[222],"We":[223],"also":[224],"study":[225],"importance":[227],"commitment":[231],"its":[233]},"counts_by_year":[],"updated_date":"2026-06-11T09:08:48.828518","created_date":"2025-10-10T00:00:00"}
