TY  - BOOK
AU  - Dailami, Mansoor
PY  - 2000
DA  - 2000//
TI  - Risk shifting and long-term contracts: evidence from the Ras Gas Project
T3  - Policy research working paper 2469
PB  - World Bank Institute, Governance, Regulation, and Finance Division
CY  - Washington, DC
KW  - Bonds
KW  - Korea (South)
KW  - Incomplete contracts
KW  - Project finance
KW  - Public utilities
KW  - Risk
AB  - 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 the risk-shifting consequences of contractual incompleteness
UR  - http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2469
LA  - English
N1  - Mansoor Dailami and Robert Hauswald
ID  - 724200231
ER  -