Renegotiating PPP Contracts: Opportunities and Pitfalls

Jean Beuve (), Aude Le Lannier () and Zoé Le Squeren ()
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Jean Beuve: CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique
Aude Le Lannier: Arafer - Autorité de régulation des activités ferroviaires et routières, IAE Paris - Sorbonne Business School
Zoé Le Squeren: IAE Lille - IAE Lille University School of Management - Lille - Université de Lille

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: This chapter reflects the double-sided view of the economic literature on contract renegotiation. The authors first describe opportunistic behaviors and the solutions to limit them. Second, they present renegotiation as a way to tackle necessary adaptation and incompleteness issues. They identify the contractual and institutional conditions enabling to favor efficient and balanced contracts life span.

Date: 2018-01
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Published in Stéphane Saussier; Julie de Brux. The Economics of Public-Private Partnerships, Springer International Publishing, pp.135-162, 2018, 978-3-319-68050-7. ⟨10.1007/978-3-319-68050-7_6⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:hal-02139540

DOI: 10.1007/978-3-319-68050-7_6

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