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RISEvaluation of Highway Projects under Government Support Mechanisms Based on an Option-Pricing Framework
Publisher: American Society of Civil Engineers
Abstract: Different features included in public-private partnership (PPP) highway projects such as limited liability of the leveraged firm and government support mechanisms [e.g., price adjustment clauses (PACs)] result in ...
Evaluation of Highway Projects under Government Support Mechanisms Based on an Option-Pricing Framework
Publisher: American Society of Civil Engineers
Abstract: Different features included in public-private partnership (PPP) highway projects such as limited liability of the leveraged firm and government support mechanisms [e.g., price adjustment clauses (PACs)] result in asymmetric ...