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We build a unified theoretical framework to analyze the main incentive issues in Public Private Partnerships (PPPs) and the shape of optimal contracts in those contexts. We present a basic model of procurement in a multitask environment in which a risk-averse agent chooses unobservable efforts...
Persistent link: https://www.econbiz.de/10005022169
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...
Persistent link: https://www.econbiz.de/10005577276
Persistent link: https://www.econbiz.de/10014518431
We build on the existing literature in Public Private Partnerships (PPP) to analyze the main incentive issues in PPPs and the shape of optimal contracts in those contexts. We present a basic model of procurement in a multi-task environment in which a risk averse firm chooses non-contractible...
Persistent link: https://www.econbiz.de/10004979476
Persistent link: https://www.econbiz.de/10010198565
Persistent link: https://www.econbiz.de/10014371815
The paper looks at recent changes in the role of government in the provision of education in Developing Countries. It begins with a reflection about the concept of public-private partnership (PPP), discusses the rationale that inspires the ‘contracting out’ of educational services and...
Persistent link: https://www.econbiz.de/10005059470
In Germany, but in other countries as well, a trend towards a regionalisation in technology and innovation policy is clearly evident. This triggers the expectation towards universities to establish regional ties and networks and to exploit the advantages of spatial proximity to other research...
Persistent link: https://www.econbiz.de/10010304500
A concern that has emerged repeatedly in the support for long-term sustainable development is the insufficient availability of long-term finance for projects such as infrastructure. This paper considers some of the possible strategies to overcome obstacles (cognitive or otherwise) to ensure the...
Persistent link: https://www.econbiz.de/10012042547
Shippers' frequent re-designs of their transportation networks directly impact the relative strength of the positions held by ports in these networks. Therefore, Port Authorities need to adjust their investment/cooperation strategies, often using public-private partnerships. The purpose of this...
Persistent link: https://www.econbiz.de/10012042883