IPPP – Risks and opportunities An economic perspective

Julie de Brux , Frédéric Marty (1)

1 GREDEG - Groupe de Recherche en Droit, Economie et Gestion

This article analyzes some of the issues raised by institutionalized public-private partnerships in an economic perspective. We demonstrate that although they may address some of the main limits of purely contractual public-private partnerships, such as the issues of control, know-how transfer, or additional financial cost, they may induce some intrinsic risks, related to alterations of the contractual incentive structure and judicial challenges. Based on economic theory, we stem some recommendations and comments about the adequacy of legal requirements with economic normative views.

Mots clés: Publice Private Partnership; Hybrid Structures; Incentives

Domaines: Economies et finances

Julie de Brux, Frédéric Marty. IPPP – Risks and opportunities An economic perspective. 2014. ⟨hal-03470399⟩