A Concession Period and Price Determination Model for PPP Projects: Based on Real Options and Risk Allocation

Concession period of PPP (Public–Private Partnership) projects is the most essential feature in determining the time span of various rights, obligations and responsibilities between the government and concessionaire. Most traditional methods are based on the analysis of the future cash flow to deter...

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Bibliographic Details
Main Authors: Guofeng Ma, Qingjuan Du, Kedi Wang
Format: Article
Language:English
Published: MDPI AG 2018-03-01
Series:Sustainability
Subjects:
Online Access:http://www.mdpi.com/2071-1050/10/3/706