Iossa, Elisabetta; Martimort, David - Centre for Market and Public Organisation (CMPO), … - 2009
Building upon Iossa and Martimort (2008), we study the main incentive issues and the form of optimal contracts for Public Private Partnerships (PPPs) in transports. We present a basic model of procurement in a multitask environment in which a risk-averse firm chooses unobservable efforts in...