Delay in joint projects
Abstract: "If a public project is financed through private contributions with convex costs, project completion may be delayed. The paper examines how asymmetries, the order of moves, and the absence of commitment will affect the completion time. All three factors are shown to cause delay, although for different reasons. Without commitment, individual contributions are strategic complements in the completing Markov perfect equilibrium, such that partial harmonization of strategies is beneficial for all." (author's abstract)
- Alternative title
-
Verzögerung bei gemeinsamen Projekten
- Location
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Deutsche Nationalbibliothek Frankfurt am Main
- Extent
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Online-Ressource, 23 S.
- Language
-
Englisch
- Notes
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Veröffentlichungsversion
- Bibliographic citation
-
Discussion Papers / Wissenschaftszentrum Berlin für Sozialforschung, Forschungsschwerpunkt Märkte und Politik, Abteilung Marktprozesse und Steuerung ; Bd. 2003-15
- Classification
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Wirtschaft
- Keyword
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Projektfinanzierung
Öffentlich-private Partnerschaft
Zeit
Theorie
Nichtkooperatives Spiel
Projektfinanzierung
Public Private Partnership
Zeit
Nichtkooperatives Spiel
- Event
-
Veröffentlichung
- (where)
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Berlin
- (when)
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2003
- Creator
- Contributor
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Wissenschaftszentrum Berlin für Sozialforschung gGmbH
- URN
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urn:nbn:de:0168-ssoar-111827
- Rights
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Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
- Last update
-
25.03.2025, 1:46 PM CET
Data provider
This object is provided by:
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Deutsche Nationalbibliothek. If you have any questions about the object, please contact the data provider.
Associated
- Kessing, Sebastian
- Wissenschaftszentrum Berlin für Sozialforschung gGmbH
Time of origin
- 2003
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