Risk shifting and long-term contracts [electronic resource] : evidence from the Ras Gas Project / Mansoor Dailami and Robert Hauswald.

Risk shifting and incomplete contracting lie at the heart of the agency relationship inherent in the procurement and financing of large-scale projects such as power plants, oil and gas pipelines, and liquefied natural gas facilities. An investigation of Ras Gas bonds provides empirical evidence of t...

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Bibliographic Details

Online Access:	Full Text (via Open Knowledge Repository)
Main Author:	Dailami, Mansoor
Corporate Author:	World Bank Institute. Governance, Regulation, and Finance Division
Other Authors:	Hauswald, Robert
Format:	Electronic eBook
Language:	English
Published:	Washington, DC : World Bank Institute, Governance, Regulation, and Finance Division, [2000]
Series:	Policy research working papers 2469.
Subjects:	Incomplete contracts > Korea (South) Public utilities > Korea (South) Bonds > Korea (South) Risk > Korea (South) Bonds. Incomplete contracts. Public utilities. Risk. Korea (South)