Robust Contract Conditions Under the Newly Introduced BTO-rs Scheme: Application to an Urban Railway Project

Robust Contract Conditions Under the Newly Introduced BTO-rs Scheme: Application to an Urban Railway Project

Few studies have specifically focused on the uncertainty of demand forecasting despite the fact that uncertainty is the one of greatest risks for governments and private partners in PPP projects. This study presents a methodology for finding robust contract conditions considering uncertainty in trav...

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Bibliographic Details
Main Author: KIM, KANGSOO
Format: Article
Language:English
Published: Korea Development Institute 2020-11-01
Series:KDI Journal of Economic Policy
Subjects:
ppp
bto-rs
contract conditions
robustness
uncertainty
forecast
ridership
Online Access:https://doi.org/10.23895/kdijep.2020.42.4.117

Internet

https://doi.org/10.23895/kdijep.2020.42.4.117

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