Early termination compensation under demand uncertainty in public-private partnership projects

Early termination compensation under demand uncertainty in public-private partnership projects

In the early termination of public-private partnership (PPP) projects, compensation is considered a core issue that greatly affects the interests of the government and the private sector. To address the early termination that is frequently caused by government default or voluntary buyback, this pape...

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Bibliographic Details
Main Authors: Jinbo Song, Yanzhu Yu, Lulu Jin, Zhuo Feng
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2018-11-01
Series:International Journal of Strategic Property Management
Subjects:
public-private partnership
early termination
compensation
risk management
Monte Carlo simulation
demand uncertainty
Online Access:http://journals.vgtu.lt/index.php/IJSPM/article/view/6049

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