Matches in SemOpenAlex for { <https://semopenalex.org/work/W40104648> ?p ?o ?g. }
Showing items 1 to 78 of
78
with 100 items per page.
- W40104648 abstract "This study characterises the moral hazard in a public-private partnership for investment and operation of an essential facility, when market risk and synergies between building and operating activities coexist. Relying on real options techniques, we show that the rm does not properly internalise the synergies between activities when it expects to declare banckruptcy whenever the market falls signi cantly and continuing the operation becomes unprofitable. We nd that the e¤ort decision depends on the relative importance of the positive externality with respect to the volatility of the market. Furthermore, in contrast to Jensen and Meckling (1976), our results reveal that as the banckruptcy is endogenous, the incentive for e¤ort is higher under equity rather than debt nancing." @default.
- W40104648 created "2016-06-24" @default.
- W40104648 creator A5065730424 @default.
- W40104648 date "2006-01-01" @default.
- W40104648 modified "2023-09-27" @default.
- W40104648 title "Endogenous risk in public-private partnerships" @default.
- W40104648 cites W1494059846 @default.
- W40104648 cites W1995503011 @default.
- W40104648 cites W2154044885 @default.
- W40104648 cites W2264241679 @default.
- W40104648 cites W3121674789 @default.
- W40104648 cites W3124320163 @default.
- W40104648 cites W3124918433 @default.
- W40104648 hasPublicationYear "2006" @default.
- W40104648 type Work @default.
- W40104648 sameAs 40104648 @default.
- W40104648 citedByCount "0" @default.
- W40104648 crossrefType "journal-article" @default.
- W40104648 hasAuthorship W40104648A5065730424 @default.
- W40104648 hasConcept C10138342 @default.
- W40104648 hasConcept C120527767 @default.
- W40104648 hasConcept C144133560 @default.
- W40104648 hasConcept C149933338 @default.
- W40104648 hasConcept C16118543 @default.
- W40104648 hasConcept C162324750 @default.
- W40104648 hasConcept C175444787 @default.
- W40104648 hasConcept C17744445 @default.
- W40104648 hasConcept C199539241 @default.
- W40104648 hasConcept C199728807 @default.
- W40104648 hasConcept C2776553905 @default.
- W40104648 hasConcept C2780202544 @default.
- W40104648 hasConcept C29122968 @default.
- W40104648 hasConcept C71110296 @default.
- W40104648 hasConcept C71750763 @default.
- W40104648 hasConcept C91602232 @default.
- W40104648 hasConceptScore W40104648C10138342 @default.
- W40104648 hasConceptScore W40104648C120527767 @default.
- W40104648 hasConceptScore W40104648C144133560 @default.
- W40104648 hasConceptScore W40104648C149933338 @default.
- W40104648 hasConceptScore W40104648C16118543 @default.
- W40104648 hasConceptScore W40104648C162324750 @default.
- W40104648 hasConceptScore W40104648C175444787 @default.
- W40104648 hasConceptScore W40104648C17744445 @default.
- W40104648 hasConceptScore W40104648C199539241 @default.
- W40104648 hasConceptScore W40104648C199728807 @default.
- W40104648 hasConceptScore W40104648C2776553905 @default.
- W40104648 hasConceptScore W40104648C2780202544 @default.
- W40104648 hasConceptScore W40104648C29122968 @default.
- W40104648 hasConceptScore W40104648C71110296 @default.
- W40104648 hasConceptScore W40104648C71750763 @default.
- W40104648 hasConceptScore W40104648C91602232 @default.
- W40104648 hasLocation W401046481 @default.
- W40104648 hasOpenAccess W40104648 @default.
- W40104648 hasPrimaryLocation W401046481 @default.
- W40104648 hasRelatedWork W1520377505 @default.
- W40104648 hasRelatedWork W1602811940 @default.
- W40104648 hasRelatedWork W1940434076 @default.
- W40104648 hasRelatedWork W2005696671 @default.
- W40104648 hasRelatedWork W2026514209 @default.
- W40104648 hasRelatedWork W2038026978 @default.
- W40104648 hasRelatedWork W2067088736 @default.
- W40104648 hasRelatedWork W2119961503 @default.
- W40104648 hasRelatedWork W2313207214 @default.
- W40104648 hasRelatedWork W2338415106 @default.
- W40104648 hasRelatedWork W2371029221 @default.
- W40104648 hasRelatedWork W2382317913 @default.
- W40104648 hasRelatedWork W2385108307 @default.
- W40104648 hasRelatedWork W2463139022 @default.
- W40104648 hasRelatedWork W2472940947 @default.
- W40104648 hasRelatedWork W2498847744 @default.
- W40104648 hasRelatedWork W2999475606 @default.
- W40104648 hasRelatedWork W3021469544 @default.
- W40104648 hasRelatedWork W3125055635 @default.
- W40104648 hasRelatedWork W362370244 @default.
- W40104648 isParatext "false" @default.
- W40104648 isRetracted "false" @default.
- W40104648 magId "40104648" @default.
- W40104648 workType "article" @default.