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A Bid Strategy for Earlier Payment: Evidence and Implications of Front-End Loading in Procurement

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NBER2025-03-01 更新2025-03-29 收录
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https://www.nber.org/papers/w33606
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资源简介:
Liquidity management is key in industries with variable cash flows. We study how businesses in the highway construction industry manage cash flow by strategically bidding more on work with an earlier payouta practice known as front-end loading. We find that small contractors, infrequent bidders, and
提供机构:
美国国家经济研究局
创建时间:
2025-03-01
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