Public‐private partnerships versus traditional procurement: Innovation incentives and information gathering
研究了政府提供公共服务时，公私合作模式（建设管理捆绑）与传统采购模式（建设管理分离）在创新激励和信息收集上的差异，发现政府偏好取决于信息收集成本、创新努力成本及努力的可契约化程度。
A government agency wants a facility to be built and managed to provide a public service. Two different modes of provision are considered. In a public‐private partnership, the tasks of building and managing are bundled, whereas under traditional procurement, these tasks are delegated to separate private contractors. The two provision modes differ in their incentives to innovate and to gather private information about future costs to adapt the service provision to changing circumstances. The government agency’s preferred mode of provision depends on the information‐gathering costs, the costs of innovation efforts, and the degree to which effort is contractible.