Public-Private Partnerships (PPPs) are used worldwide as a method. History of PPP transportation projects such as toll assessment process of PPP projects has that may occur over a longer time horizon in a more realistic way. The theory of real options is often used as tool that provides a mathematical background for the quantification of various forms of flexibilities contracts. The objective of this paper is to investigate an option to abandon the project as one form of the flexibility in PPP contracts. A case study of benefits that this type of option has on the project's risk profile becomes more acceptable to potent Application of this type of flexibility in PPP contracts in Serbia is also discussed.
Source:
Transport Research Arena (TRA) 2014 Proceedings, 2014
Publisher:
Institut Francais des Sciences et Technologies des Transports, de l'Aménagement et des Réseaux (IFSTTAR),
TY - CONF
AU - Sudarić, M.
AU - Vajdić, Nevena
AU - Mladenović, Goran
AU - Božović, M.
PY - 2014
UR - https://grafar.grf.bg.ac.rs/handle/123456789/1168
AB - Public-Private Partnerships (PPPs) are used worldwide as a method. History of PPP transportation projects such as toll assessment process of PPP projects has that may occur over a longer time horizon in a more realistic way. The theory of real options is often used as tool that provides a mathematical background for the quantification of various forms of flexibilities contracts. The objective of this paper is to investigate an option to abandon the project as one form of the flexibility in PPP contracts. A case study of benefits that this type of option has on the project's risk profile becomes more acceptable to potent Application of this type of flexibility in PPP contracts in Serbia is also discussed.
PB - Institut Francais des Sciences et Technologies des Transports, de l'Aménagement et des Réseaux (IFSTTAR),
C3 - Transport Research Arena (TRA) 2014 Proceedings
T1 - Valuing an option to abandon a PPP toll road project
UR - https://hdl.handle.net/21.15107/rcub_grafar_1168
ER -
@conference{
author = "Sudarić, M. and Vajdić, Nevena and Mladenović, Goran and Božović, M.",
year = "2014",
abstract = "Public-Private Partnerships (PPPs) are used worldwide as a method. History of PPP transportation projects such as toll assessment process of PPP projects has that may occur over a longer time horizon in a more realistic way. The theory of real options is often used as tool that provides a mathematical background for the quantification of various forms of flexibilities contracts. The objective of this paper is to investigate an option to abandon the project as one form of the flexibility in PPP contracts. A case study of benefits that this type of option has on the project's risk profile becomes more acceptable to potent Application of this type of flexibility in PPP contracts in Serbia is also discussed.",
publisher = "Institut Francais des Sciences et Technologies des Transports, de l'Aménagement et des Réseaux (IFSTTAR),",
journal = "Transport Research Arena (TRA) 2014 Proceedings",
title = "Valuing an option to abandon a PPP toll road project",
url = "https://hdl.handle.net/21.15107/rcub_grafar_1168"
}
Sudarić, M., Vajdić, N., Mladenović, G.,& Božović, M.. (2014). Valuing an option to abandon a PPP toll road project. in Transport Research Arena (TRA) 2014 Proceedings
Institut Francais des Sciences et Technologies des Transports, de l'Aménagement et des Réseaux (IFSTTAR),..
https://hdl.handle.net/21.15107/rcub_grafar_1168
Sudarić M, Vajdić N, Mladenović G, Božović M. Valuing an option to abandon a PPP toll road project. in Transport Research Arena (TRA) 2014 Proceedings. 2014;.
https://hdl.handle.net/21.15107/rcub_grafar_1168 .
Sudarić, M., Vajdić, Nevena, Mladenović, Goran, Božović, M., "Valuing an option to abandon a PPP toll road project" in Transport Research Arena (TRA) 2014 Proceedings (2014),
https://hdl.handle.net/21.15107/rcub_grafar_1168 .
