Search Results - subject:"Long-Term Public-Private Contracts"

Risk transfer, self-selection and ex post efficiency in public procurement. An example from UK primary and secondary school construction contracts

Blanc-Brude, Frédéric - In: Revue d'économie industrielle n° 141 (2013) 1, pp. 149-180

We use standard results from agency theory to assess the ex ante and ex post efficiency of the fixed price risk transfer contracts used to procure public infrastructure under the Private Finance Initiative (PFI) in the United Kingdom. We argue that these contracts act as a revelation mechanism...

Persistent link: https://www.econbiz.de/10011020455

Risk transfer, self-selection and ex post efficiency in public procurement : an example from UK primary and secondary school construction contracts

Blanc-Brude, Frédéric - In: Revue d'économie industrielle 141 (2013) 1, pp. 149-180

Persistent link: https://www.econbiz.de/10010227238