A Bid Strategy for Earlier Payment: Evidence and Implications of Front-End Loading in Procurement
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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
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美国国家经济研究局创建时间：
2025-03-01
