Project-based Emissions Trading Schemes, like the Clean Development Mechanism, are particularly prone to problems of asymmetric information between the project parties and the regulator. Given the specificities of these schemes, the regulator’s optimal monitoring strategy significantly differs...

Opportunism, either governmental or private, may become a powerful deterrent against public-private project financing, especially considering the scale of the investment in infrastructure. The parties can however secure themselves against opportunism of the counter-party by assigning the...

Public Private Partnership (PPP) projects play an ever greater role in Germany. Since this role is not yet comparable to the situation e.g. in Great Britain, there is room for more PPP projects in Germany. This article analyses the concession model as an example for Public Private Partnership...

The implementation of Information and Communication Technology (ICT) project constitutes amajor change for any organization, the actual implementation appears to be very heavily biased toward the technological aspects while paying little attention to managing the changes in process, structure...