DOCUMENT

POL - Cooperative Public Purchasing 2008

  • YEAR CREATED: 2008
  • ENTITY TYPE: State
  • TYPE OF DOCUMENT: POL - Policies/Procedures
The document discusses the use of agency theory to model cooperative public purchasing. It begins by explaining that the General Services Administration (GSA) is considered a vertical agreement because it involves parties from different legal entities. The document also mentions the concept of divided loyalties and how a state may require a locality to join a particular cooperative public purchasing agreement in order to get the best price. The document includes references to various studies and articles that discuss topics related to strategic purchasing, supply chain management, public procurement, and purchasing education and training. It also mentions the concepts of competition among pressure groups for political influence, civic-regarding entrepreneurship, and public entrepreneurship. Additionally, the document cites the Journal of Financial Economics, specifically an article by Johnson, R.H., titled "32 MCCUE & PRIER." This article likely provides further insights or analysis related to the topic of agency theory and cooperative public purchasing. Overall, the document provides a theoretical framework and references various studies, including the Journal of Financial Economics article, to explore the use of agency theory in cooperative public purchasing.
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