Bidding and Contract Systems in Japan
Fumitoshi Takahashi
Japanese Economy, 1995, vol. 23, issue 1, 29-65
Abstract:
Public works projects are supposed to be carried out with the construction firm bidding the lowest amount winning the contract. When the contract winner has already been determined through dango,1 however, the bidding process becomes no more than a simple ceremony. The very fact that this is accepted as a long-standing tradition is probably incomprehensible to outsiders.
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:mes:jpneco:v:23:y:1995:i:1:p:29-65
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DOI: 10.2753/JES1097-203X230129
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