Schöbener, Henning; Schetter, Christoph; Pfnür, Andreas - Institut für Betriebswirtschaftslehre <Darmstadt> / … - 2007
This paper focuses on dynamic financial modelling of recurring cash flow items in PPP projects inoperating stage and on risks associated with the volatility of these cash flows. As we concentrate onso-called government-pays schemes, only cash-outflows are considered, such as operating costs,...