Abstract
This paper examines how market stewarding design principles, inspired by Ostrom’s design principles for managing common-pool resources can address inefficiencies in public procurement. Using case studies from the Netherlands, Slovakia, and Thailand, it identifies systemic governance issues such as information asymmetry, supplier collusion, and biased tendering. Regarding analyses, first, we reflect on Ostrom’s principles for adaptable interventions, and second, we develop a System Dynamics Model (SDM) to simulate the impact of information asymmetry for the Dutch case. Findings show that targeted interventions can stabilize markets and lower costs, providing a robust framework for enacting stewarding.
| Original language | English |
|---|---|
| Title of host publication | IPSERA 2025 “Room for Talent” |
| Subtitle of host publication | Rotterdam, the Netherlands, March 30 - April 2: Book of Abstracts |
| Publisher | International Purchasing and Supply Education and Research Association (IPSERA) |
| Pages | 344-344 |
| Publication status | Published - 2025 |
| Event | IPSERA Conference 2025 : "Room for Talent" - Erasmus University Rotterdam, Rotterdam, Netherlands Duration: 30 Mar 2025 → 2 Apr 2025 https://www.ipsera.com/Home2025 |
Conference
| Conference | IPSERA Conference 2025 |
|---|---|
| Abbreviated title | IPSERA 2025 |
| Country/Territory | Netherlands |
| City | Rotterdam |
| Period | 30/03/25 → 2/04/25 |
| Internet address |