The Resource Towards a principal-agent based typology of risks in public-private partnerships, prepared by André de Palma, Luc Leruth and Guillaume Prunier

Towards a principal-agent based typology of risks in public-private partnerships, prepared by André de Palma, Luc Leruth and Guillaume Prunier

Label
Towards a principal-agent based typology of risks in public-private partnerships
Title
Towards a principal-agent based typology of risks in public-private partnerships
Statement of responsibility
prepared by André de Palma, Luc Leruth and Guillaume Prunier
Creator
Contributor
Author
Subject
Language
eng
Summary
There is a strong economic rationale for close cooperation between the public and private sectors. This has resulted in a significant increase in the demand for the provision of public services through instruments combining public and private money such as public-private partnerships (PPPs or P3s). We describe these arrangements and explore how they can be analyzed using standard tools in economics (incentives and principal-agent theory). We discuss the implications of our approach in terms of identifying risks that are often overlooked before turning to the optimal risk-sharing between the public and private partners, in particular with respect to information asymmetries in risk perceptions. This allows us to propose a typology of the risks associated with PPPs, where both internal risks (the risks associated with the contract) and external risks (those associated with the project) are considered
Member of
Action
digitized
Cataloging source
DJB
Government publication
international or intergovernmental publication
Index
no index present
LC call number
HG3881.5.I58
LC item number
W67 No. WP/09/177eb
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/09/177
Label
Towards a principal-agent based typology of risks in public-private partnerships, prepared by André de Palma, Luc Leruth and Guillaume Prunier
Publication
Note
  • "August 2009."
  • "Offices in Europe."
  • Title from PDF title page (viewed Oct. 6, 2009)
Bibliography note
Includes bibliographical references
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn450074971
Dimensions
unknown
Extent
1 online resource (24 pages)
Form of item
online
Isbn
9781451917505
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other control number
10.5089/9781451917505.001
http://library.link/vocab/recordID
.b3549783x
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)450074971
  • imf1451917503
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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