Wu, Xiaoling; Peng, Yichen; Liu, Xiaofeng; Zhou, Jing - In: China Finance Review International 8 (2018) 1, pp. 43-68
Purpose: The purpose of this paper is to analyze the effects of private investor's fair preference on the governmental compensation mechanism based on the uncertainty of income for the public-private-partnership (PPP) project. Design/methodology/approach: Based on the governmental dilemma for...