Articles

Vol. 334 (2022)

Trust in Public Procurement Systems

Agnieszka Chrisidu-Budnik
https://orcid.org/0000-0001-7775-241X

Pages: 855-863

PDF (Język Polski)

Abstract

The paper provides an explanation for the role of trust in public procurement systems. The aim of this paper is to present the concept of trust in the perspective of the new institutional economics. Especially economic contract theory, transaction cost theory and theory of asymmetric information are reviewed.