Iron ore and coal play a key role in the global economy and their consumption per capita is indicative of a country's standard of living. Their vast majority is transported by sea, making many countries rely on the efficiency and cost of transportation by capes. The cape market has closely...

This research explores the functional relationship between financial structure and agent's cost-reducing effort in the realm of public-private-partnership (PPP) contracting. I consider a canonical contracting problem where incomplete financial provisions are used to govern the execution of a...

This research identifies the challenges Chicagoland must confront to maintain a quality transit system. It analyzes the organizational and funding structure of the Regional Transportation Authority and its three service providers, including the Chicago Transit Authority. This investigation...