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dc.contributor.authorDagdeviren, Hulya
dc.contributor.authorRobertson, Simon A.
dc.date.accessioned2013-09-04T10:30:03Z
dc.date.available2013-09-04T10:30:03Z
dc.date.issued2013-08-30
dc.identifier.citationDagdeviren , H & Robertson , S A 2013 , ' A critical asssessment of incomplete contracts theory for private participation in public services : The case of water sector in Ghana ' , Cambridge Journal of Economics , vol. 37 , no. 5 , pp. 1057-1075 . https://doi.org/10.1093/cje/bet007
dc.identifier.issn0309-166X
dc.identifier.otherPURE: 1285170
dc.identifier.otherPURE UUID: be750b50-8cd7-4ed5-8269-8a227dd3d35c
dc.identifier.otherScopus: 84883355401
dc.identifier.urihttp://hdl.handle.net/2299/11526
dc.description.abstractThis paper provides a critical analysis of the recent developments in the incomplete contracts theory and its conclusions for privatisation of public services. Drawing upon a case study of management contract for urban water services in Ghana and highlighting the flaws in the theory, the paper argues that contractual incompleteness does not provide a uniform guidance on efficient forms of ownership for public services. We argue that methodological individualism utilised in the theory is particularly ineffective for its application to public services where direct or indirect contractual role of the state cannot be eliminated. The sterility of the theory with respect to political, institutional and distributional context of public service delivery is identified as an important weakness.en
dc.format.extent19
dc.language.isoeng
dc.relation.ispartofCambridge Journal of Economics
dc.subjectincomplete contracts, privatisation, public services, water sector, Ghana
dc.titleA critical asssessment of incomplete contracts theory for private participation in public services : The case of water sector in Ghanaen
dc.contributor.institutionGlobal Economy and Business Research Unit
dc.contributor.institutionHertfordshire Business School
dc.contributor.institutionSocial Sciences, Arts & Humanities Research Institute
dc.contributor.institutionCentre for Research on Management, Economy and Society
dc.description.statusPeer reviewed
rioxxterms.versionSMUR
rioxxterms.versionofrecordhttps://doi.org/10.1093/cje/bet007
rioxxterms.typeJournal Article/Review
herts.preservation.rarelyaccessedtrue


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