...De-Graft Owusu-Manu; Augustine Senanu Kukah; Frank Boateng; George Asumadu; David John Edwards Purpose Conditions of inadequate and asymmetric information when an agent is hired by a principal have resulted in the problems of moral hazard and adverse selection (MHAS) in public–private partnership...

...De-Graft Owusu-Manu; David John Edwards; A.S. Kukah; Erika Anneli Parn; Hatem El-Gohary; M. Reza Hosseini Purpose Failures of public–private partnership (PPP) projects are often ascribed to the agency problem, which arise under conditions of inadequate and asymmetric information when a principal...

... represent a possible solution for both current and future infrastructure needs (Badu et al., 2012). Public–private partnership(s) [PPP(s)] represents one such approach and provide alternative sources of capital; a vehicle for improving the efficiencies in public project investment delivery...