An incentive compatible model for eliciting firms’ production function in a development process

Aloysius Ajab Amin ()
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Aloysius Ajab Amin: Institute for Development Solutions, USA.

Journal of Economics Library, 2015, vol. 2, issue 2, 93-101

Abstract: Development plans with projects are usually designed by developing countries including African countries as a major tool for carrying out their development activities. Yet in their market oriented economies the governments have problems of allocating their scarce resources in the tender process. Thus, an incentive model is formulated for more efficient resource allocation and within this framework; decisions taken could be evaluated based on the outcomes.

Keywords: Resource allocation; Tender process; Incentive compatible; Production technology; development plan; Public goods. (search for similar items in EconPapers)
JEL-codes: D24 D61 H41 H57 O31 P11 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ksp:journ5:v:2:y:2015:i:2:p:93-101

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