LEADER 03087nam 2200649Ia 450 001 9910464009203321 005 20170817212426.0 010 $a1-4623-4164-0 010 $a1-4527-6015-2 010 $a9786612843884 010 $a1-4518-7324-7 010 $a1-282-84388-5 035 $a(CKB)3170000000055327 035 $a(EBL)1608406 035 $a(SSID)ssj0000939953 035 $a(PQKBManifestationID)11483762 035 $a(PQKBTitleCode)TC0000939953 035 $a(PQKBWorkID)10956165 035 $a(PQKB)11149947 035 $a(OCoLC)450074971 035 $a(MiAaPQ)EBC1608406 035 $a(EXLCZ)993170000000055327 100 $a20100720d2009 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aTowards a principal-agent based typology of risks in public-private partnerships$b[electronic resource] /$fprepared by Andre? de Palma, Luc Leruth and Guillaume Prunier 210 $a[Washington, D.C.] $cInternational Monetary Fund$dc2009 215 $a1 online resource (25 p.) 225 1 $aIMF working paper ;$vWP/09/177 300 $aAt head of title: Offices in Europe. 300 $a"August 2009." 311 $a1-4519-1750-3 320 $aIncludes bibliographical references. 327 $aContents; 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 330 $aThere is a strong economic rationale for close cooperation between the public and private sectors. This has resulted in a significant increase in the demand for the provision of public services through instruments combining public and private money such as public-private partnerships (PPPs or P3s). We describe these arrangements and explore how they can be analyzed using standard tools in economics (incentives and principal-agent theory). We discuss the implications of our approach in terms of identifying risks that are often overlooked before turining to the optimal risk-sharing between the p 410 0$aIMF working paper ;$vWP/09/177. 606 $aPublic-private sector cooperation 606 $aPrivatization 606 $aRisk management 608 $aElectronic books. 615 0$aPublic-private sector cooperation. 615 0$aPrivatization. 615 0$aRisk management. 700 $aDe Palma$b Andre?$f1952-$0888387 701 $aLeruth$b Luc$0608957 701 $aPrunier$b Guillaume$0888388 712 02$aInternational Monetary Fund.$bOffices in Europe. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910464009203321 996 $aTowards a principal-agent based typology of risks in public-private partnerships$91984642 997 $aUNINA