IPPP - Risks and opportunities An economic perspective

Julie de Brux and Frédéric Marty
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Julie de Brux: Chaire EPPP - GREGOR - Groupe de Recherche en Gestion des Organisations - UP1 - Université Paris 1 Panthéon-Sorbonne - IAE Paris - Sorbonne Business School

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Abstract: This article analyzes some of the issues raised by institutionalized public-private partnerships in an economic perspective. We demonstrate that although they may address some of the main limits of purely contractual public-private partnerships, such as the issues of control, know-how transfer, or additional financial cost, they may induce some intrinsic risks, related to alterations of the contractual incentive structure and judicial challenges. Based on economic theory, we stem some recommendations and comments about the adequacy of legal requirements with economic normative views.

Keywords: public-private partnerships; hybrid structures; incentives; partenariats public-privé; formes organisationnelles hybrides; incitations (search for similar items in EconPapers)
Date: 2014-05-14
New Economics Papers: this item is included in nep-cta
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00990951
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Citations: View citations in EconPapers (1)

Published in 2014, 26p

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Related works:
Working Paper: IPPP Risks and opportunities an economic perspective (2014)
Working Paper: IPPP: Risks and Opportunities, An Economic Perspective (2014)
Working Paper: IPPP – Risks and opportunities An economic perspective (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00990951

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