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Dr. Sebastian Moritz explains on procurement.world, POOL4TOOL’s international blog, how game theory can help to transform Procurement to a proactive value driver.

Procurement.world offers a platform for Procurement and all related topics such as Supply Base Management, Supply Chain Management, MGM, and master data as...

The 13 and 14 February 2017 saw a workshop held at The Centre for European Economic Research (ZEW) in Mannheim on the subject of “Market Design”. Market design is a relatively new economic discipline, which focuses on improving market capabilities. US economists, Roth and Shapley, won the 2012 Nobel Prize for...

Game theory in Procurement offers operational success and contributes sustainable value to the organisation.

The role of Procurement within organisations must change.

Following the success of the London CIPS event in autumn last year, game theory and what it means for your Procurement department will again be discussed at the CIPS-Switzerland event on the 25 January 2017 in Zurich,...

Harvard professor Oliver Hart and MIT researcher Bengt Holmström have been awarded the Nobel Prize in Economics for their outstanding work on contract theory. TWS Partners puts these findings into practice.