TY  - BOOK
AU  - Chang Chen-Yu
TI  - A critical review of the application of TCE in the interpretation of risk allocation in PPP contracts
SN  - 01446193
AV  - HD9715. A1 CON 
PY  - 2013///
CY  - Abingdon
PB  - Taylor and Francis
KW  - Application of TCE
KW  - Interpretation of risk
KW  - Allocation in PPP contracts
N2  - Along with the rise of public–private partnerships (PPPs) as a mainstream procurement system, we have seen a growing interest in studies of risk allocation in these projects. One of the serious academic endeavours is to apply both transaction cost economics (TCE) and the resource-based view (RBV) to explain risk allocation patterns found in PPP projects. The existing literature along these lines is deficient in three aspects: inappropriate choice of unit of analysis; poor specification of governance structure; and misinterpretation of asset specificity. A way for improvement is to analyse risk allocation in the context of PPP procurement in its entirety
UR  - 10.1080/01446193.2012.726365.
ER  -