Interpreting risk allocation mechanism in public–private partnership projects: an empirical study in a transaction cost economics perspective
- Construction Management and Economics
- Xiao‐Hua Jin and Hemanta Doloi
- 2010
✴︎ Available only with purchase from publisher “Risk allocation in public–private partnership (PPP) projects is currently claimed as capability driven. While lacking theoretical support, the claim is often ‘violated’ by current industrial practice. There is thus a need for formal mechanisms to interpret why a particular risk…