Abstract: The performance of public-private partnership (PPP) infrastructure projects is largely contingent on whether the adopted risk allocation (RA) strategy is efficient. Theoretical frameworks drawing on the transaction cost ...

Abstract: Risk allocation in privately financed public infrastructure projects, which are mainly referred to as public-private partnership (PPP) projects, is a challenging job due to the nature of incomplete contracting. An investigation ...

Abstract: Risk allocation plays a critical role in privately financed public infrastructure projects. Project performance is contingent on whether the adopted risk-allocation strategy can lead to efficient risk management. Founded ...

Abstract: Trust is an underlying psychological condition that can cause cooperation or risk-taking. Trust is considered as a predominant feature and a central mechanism in business transactions, especially among Chinese. Trust-based ...