How Much Vertical Integration? Contractual Choice and Public-Private Partnerships in the United States
- Review of Industrial Organization
- Daniel Albalate, Germà Bel, and R. Richard Geddes
- 2017
✴︎ Available only with purchase from publisher “Efficiency gains in public-private partnerships (PPP) derive from risk transfer and the bundling of different tasks. We study the factors that explain bundling in single contracts. We focus on the choice between integrating operational tasks alone or construction…