Modeling existing and future business processes is crucial to the outcome of large-scale reengineering projects. The use of parameterized or standard components does not render business models redundant, but shifts the modeling focus even more from technical aspects to the real-world business processes. In current reengineering projects, however, there is often a lack of coordination of modelin...

As first steps towards establishing software engineering as an engineering discipline, we need to create explicit models of its building blocks, i.e., projects, processes, products, and various quality perspectives; organize these models for effective reuse across project boundaries; and establish measurable criteria for project guidance. This paper investigates the possibilities of providing m...

We use highway procurement auction data to analyze the California Small Business program that awards a contract to a qualified small bidder provided its bid is within five percent of the overall low bid. We study the effect of this rule on bidders’ incentives to participate in procurement auctions and compute its implied efficiency and distributional costs. Small bidder can use the discount to ...