کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5106756 | 1481650 | 2017 | 9 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Analyzing risk in PPP provision of utility services: A social welfare perspective
دانلود مقاله + سفارش ترجمه
دانلود مقاله ISI انگلیسی
رایگان برای ایرانیان
کلمات کلیدی
موضوعات مرتبط
مهندسی و علوم پایه
مهندسی انرژی
انرژی (عمومی)
پیش نمایش صفحه اول مقاله
چکیده انگلیسی
This paper analyzes the trade-offs between the social cost of risk bearing and incentive effects for technical efficiency in PPP contracts for utilities. Using a principal-agent perspective and assuming the government principal maximizes social welfare, the government should be risk neutral. It is inefficient for PPP agents to provide financing. Design/build offers the greatest potential PPP gains, but not necessarily more than fixed-price contracts. There may also be efficiency benefits during the operations phase. But, if agents have little control over revenues, then PPP operation creates substantial risk-bearing costs for agents.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Utilities Policy - Volume 48, October 2017, Pages 210-218
Journal: Utilities Policy - Volume 48, October 2017, Pages 210-218
نویسندگان
Mark A. Moore, Anthony E. Boardman, Aidan R. Vining,