A fair revenue-risk allocation is essential for successful public-private partnership (PPP)
projects. In this paper, a swing option, which can hedge the underlying risk in two directions …

Public supports for mitigating revenue risk in public–private partnership (PPP) projects are
used for attracting private financing for public infrastructure. The difficult assessment of …

Although scholars have developed simulation models and analyzed bankability criteria in
numerous papers to enhance the financial outcomes of Public-Private Partnerships (PPPs) …

Urban rail transit is a quasioperational project and its net cash inflow can hardly cover the
investment expenditure. It is essential to determine an acceptable amount of government …

With the financial burden of government increasing, the Public-Private-Partnership (PPP)
model has become an alternative method to develop public infrastructure. To efficiently …

The public–private partnership (PPP) is a practical and standard model that has been at the
center of attention over the past two decades. Sharing risk between government and …

Contract readjustment and renegotiation are inevitable in PPP projects. Tolls, concession
length, and government subsidies are the three main variables that provide a set of Pareto …

In countries where transportation infrastructure is underdeveloped, newly built facilities tend
to attract and increase demand. This can lead to situations where future traffic levels exceed …

Governments typically provide some form of guarantee to ensure the financial viability of
public–private partnership (PPP) projects confronted with traffic demand shortage. Although …

Revenue risk is the most critical factor that hampers the long-term viability of highway
infrastructure service projects. This paper develops an integrated multi-method decision …