Relacja agencji w systemie zamówień publicznych
Agency relationship in the public procurement system
Author(s): Agnieszka Chrisidu-Budnik, Justyna PrzedańskaSubject(s): Public Finances
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: asymmetric information; public procurement system; theory of agency; principal; agent;
Summary/Abstract: This paper integrates elements from the theory of agency and the practice of public procurement system in Poland. We define the concept of agency relationship, show its connection to the adverse selection and moral hazard issue, investigate the nature of the agency generated by the existence of hidden information and hidden action.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2017
- Issue No: 497
- Page Range: 207-224
- Page Count: 18
- Language: Polish