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Presented paper deals with qualitative analysis of several papers and studies focused on identification of key Value for Money drivers in Public Private Partnership projects/schemes. In the first part author clarifies the basics and specifics of PPP projects evaluation with a special focus on...
Persistent link: https://www.econbiz.de/10011316100
This paper analyzes the renegotiation problem in the context of public-private partnership projects. Utilizing a game-theoretic approach, an equilibrium is found in which the government finds that accepting renegotiation can be efficient. A first indicator is proposed based the public sector...
Persistent link: https://www.econbiz.de/10012218001
The Government of Ghana spends approximately seventy percent of its annual budget on the procurement of goods, services, and public works. The Public Procurement Acts (Act 663, and Act, 914) were established to regulate public procurement activities and ensure transparency, accountability, and...
Persistent link: https://www.econbiz.de/10014505496
The public has put increased pressure on organizations providing public services to demonstrate the most productive use of resources, with due regard for value received. Education is no exception. This study focus on the presentation and evaluation of public organizations (public grammar schools...
Persistent link: https://www.econbiz.de/10014520692
We reformulate neoclassical consumer choice by focusing on [lambda], the marginal utility of money. As the opportunity cost of current expenditure, [lambda] is approximated by the slope of the indirect utility function of the continuation. We argue that [lambda] can largely supplant the role of...
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