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Record Nr. |
UNINA9910464009203321 |
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Autore |
De Palma André <1952-> |
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Titolo |
Towards a principal-agent based typology of risks in public-private partnerships [[electronic resource] /] / prepared by André de Palma, Luc Leruth and Guillaume Prunier |
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Pubbl/distr/stampa |
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[Washington, D.C.], : International Monetary Fund, c2009 |
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ISBN |
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1-4623-4164-0 |
1-4527-6015-2 |
9786612843884 |
1-4518-7324-7 |
1-282-84388-5 |
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Descrizione fisica |
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1 online resource (25 p.) |
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Collana |
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IMF working paper ; ; WP/09/177 |
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Altri autori (Persone) |
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LeruthLuc |
PrunierGuillaume |
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Soggetti |
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Public-private sector cooperation |
Privatization |
Risk management |
Electronic books. |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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At head of title: Offices in Europe. |
"August 2009." |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Contents; I. Introduction; II. The development of PPPs; III. Risk sharing, asymmetry of information, and perception biases; A. Asymmetry of information; Tables; 1. A Basic Matrix for Risk-Sharing in PPPs; B. Perception Biases; IV. A principal-agent approach to PPPs; Figures; 1. Perception Biases; 2. The Principal-Agent Framework; V. PPP risks and a typology; 2. Typology of Risks in PPPs; VI. Conclusions; References |
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Sommario/riassunto |
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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 |
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