Browsing by author "Chung, Demi"
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Contractual approach to optimising risk sharing: A quantitative study of the multidimensional nature of risk in private provision of road infrastructure
Chung, Demi; Hensher, David A.; Rose, John M.Published 2013-04-01In 2009 and 2010, we conducted an international survey to identify the extent to which risk-sharing in tollroad projects procured under the public-private-partnership (PPP) method and the structures of PPP concession ...Open AccessWorking Paper -
Contractual Approach to Optimising Risk Sharing: A Quantitative Study of the Multidimensional Nature of Risk in Private Provision of Road Infrastructure
Chung, DemiPublished 2012-12-10Public-Private-Partnerships (PPPs) are a public procurement policy that argues in support of greater value for money through optimal risk-sharing, by aligning incentives among parties who are profoundly different in terms ...Open AccessThesis -
Property rights, right to efficiency?
Chung, Demi; Hensher, David A.; Rose, JohnPublished 2012-07-01The assignment of property rights to incentivise risk-sharing in a principal-agent relationship is a recurrent theme of contract theory. This paper examines the incentive effects of property rights in a principal-agent ...Open AccessWorking Paper -
Public private partnerships: A procurement device to manage public sector debt
Chung, DemiPublished 2008-06-01Australian governments are amongst the leading advocates of Public Private Partnerships (PPPs) as a public procurement policy. After two decades of experience, it is timely to evaluate the effectiveness of the policy. At ...Open AccessWorking Paper
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