FNEGE MEDIAS
FNEGE MEDIAS
Contestation politique et rigidité des contrats publics
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Contestation politique et rigidité des contrats publics

Are public contracts less adaptable than private contracts? Using a sample of more than 280 contracts for parking management in France, we compare contracts where the buyer is a public administration with those where the buyer is a private company. We find that public-private contracts are more rigid than private contracts and that the rigidity of public contracts increases when political risks are more salient. We argue that a significant portion of the increased rigidity of public contracts is an accommodation of potential opportunism by third parties to contracts, including political opponents.

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Are public contracts less adaptable than private contracts? Using a sample of more than 280 contracts for parking management in France, we compare contracts where the buyer is a public administration with those where the buyer is a private company. We find that public-private contracts are more rigid than private contracts and that the rigidity of public contracts increases when political risks are more salient.
SAUSSIER Stéphane - IAE Paris |

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