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on Project, Program and Portfolio Management |
By: | Papakonstantinou, A.; Bogetoft, P. |
Abstract: | This paper discusses the design of a novel multi-dimensional mechanism which allows a principal to procure a single project or an item from multiple suppliers through a two-step payment. The suppliers are capable of producing different qualities at costs which cannot exceed a certain value and the mechanism balances between the costs faced by the suppliers and the benefit the principal achieves from higher qualities. Iniatially, the principal implements a standard second score auction and allocates the project to a single supplier based its reported cost and quality, while then it elicits truthful reporting of the quality by issuing a symmetric secondary payment after observing the winner’s production. We then provide an alternate mechanism in which the principal issues an asymmetric secondary payment which rewards agents for producing higher qualities, while it penalises them for producing lower qualities than they reported. We prove that for both mechanisms truthful revelation of costs and qualities is a dominant strategy (weakly for costs) and that they are immune to combined misreporting of both qualities and costs. We also show that the mechanisms are individually rational, and that the optimal payments received by the winners of the auctions are equal to the payment issued by the standard second score auction. |
Keywords: | multi-dimensional auctions; procurement; contract theory; auction theory |
JEL: | D86 D82 |
Date: | 2012 |
URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:43563&r=ppm |
By: | Martinho, Vítor João Pereira Domingues |
Abstract: | This work is based on a project developed by the ACCIG (Association of the Culture and Knowledge for the Gender Equality) for some rural municipalities in the Center of Portugal. This project was financed by national funds and by funds from the European Union through the NSRF (National Support Reference Framework). The ACCIG aims to empower people, namely the more disadvantaged, particularly the women who are in more vulnerable situation. From the project, for this work, was used the information about the awareness raising. Namely, the information about what was did in these actions of sensitization, about the characterization of the participants in these initiatives and about the receptivity of the women for these projects. The principal objective of this project is to empower the more disadvantaged social groups, particularly women, enabling these persons to a more civic participation. -- |
Keywords: | Women empowerment,rural municipalities,awareness raising |
JEL: | O18 R00 Z13 |
Date: | 2012 |
URL: | http://d.repec.org/n?u=RePEc:zbw:esprep:67517&r=ppm |
By: | Erica Vieth |
Date: | 2012–09–26 |
URL: | http://d.repec.org/n?u=RePEc:wiw:wiwneu:neurusp160&r=ppm |
By: | De Spiegelaere, Stan; Van Gyes , Guy; Van Hootegem, Geert |
Abstract: | The EU is striving for an ‘Innovative Union’. Various case studies already hinted that the involvement of various types of employees is crucial for the organisational innovativeness. Using data from a large scale Belgian employee level survey in five industries, this article focuses on the question how ‘mainstream’ innovation is in Belgian firms and how this coincides with forms of workplace learning. Innovation mainstreaming here refers to the inclusion of various occupational groups in the innovation process. Findings suggest that innovation in most sectors, is an ‘elite driven’ process with only a limited involvement of lower level employees. Moreover, genuine employee-driven innovations are a rarity. Nevertheless, the research also finds that workplace learning (job training and in-work learning opportunities) are potentially strong levers for employee innovation for all types of employees. Specifically providing in-work learning opportunities to technical workers could make innovation more mainstream in Europe. |
Keywords: | Employee Driven Innovation; Innovation Mainstreaming; Innovative Work Behaviour; Workplace Learning |
JEL: | D23 D83 D8 O31 |
Date: | 2012–12 |
URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:43406&r=ppm |