A popular theoretical proposition for risk allocation and the ownership of residual facility in PPPs is the Theory of Incomplete Contracting (TIC), which attempts to explain the so-called ‘hold-up’ problem emanating from the opportunistic behaviour of a contracting party during ex-post renegotiatio...
aindustries facilitate arm’s-length technology contracting. They study press announcements of inter-firm[translate] aaswellas aswellas[translate] a她昨天回到家时,发现自己的行李丢在了公交车上 When she yesterday got the home, discovered own baggage lost on the public transportation[translate] ...