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Scoring-rule and the choice of a contractor by a financially constrained government
Gautier, Axel
2010International conference on "contracts, procurement and public-private agreements'
 

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Keywords :
PPP; Budget constraint; Scoring-rule
Abstract :
[en] Governments and public authorities are increasingly relying on Public-Private Partnerships for the provision of public goods and services. It is often argued that the use of a public private partnership can relieve the government from a strained budget constraint and, in this paper, we analyze the choice of a contractual solution for designing, constructing and managing a project, with observable externalities, by a budget-constrained government. We show that the quality of the project and the designed contractor are affected by the extent of the budget constraint and we show that the use of a PPP may partially overcome the resulting inefficiencies.
Disciplines :
Economic systems & public economics
Author, co-author :
Gautier, Axel  ;  Université de Liège - ULiège > HEC-Ecole de gestion : UER > Economie industrielle
Language :
English
Title :
Scoring-rule and the choice of a contractor by a financially constrained government
Publication date :
15 June 2010
Event name :
International conference on "contracts, procurement and public-private agreements'
Event organizer :
Chaire EPPP, IAE
Event place :
Paris, France
Event date :
June 14, 15
Audience :
International
Available on ORBi :
since 24 January 2011

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