Articles:

The Diagnostic Triple

Articles

Sep 11, 2017 — Neil Boyle

The Diagnostic Triple came out of reading the January 2017 conference papers and proceedings of the American Economic Association’s the Richard T. Ely Lecture titled, “The Economist as Plumber”, by Esther Duflo.  Duflo was not writing her lecture with transaction cost economics (TCE) necessarily in mind although it supported some ...

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Summary of Thoughts on Reforming the UN

Aug 4, 2015 — Neil Boyle

This paper suggests a “new technology” could be applied to reform the UN by paying attention to the incentives that make transactions work as planned.  It follows on General Scowcroft’s description during the 2013 Atlantic Council conference Getting to Fusion: A Conversation with Strategists, “how the Arab uprisings demonstrated that ...

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Performance and Renegotiation in Public Procurement and PPP-Writing Complex Contracts for PPP: The Economic Organization of PPP Water and Sanitation (WSS) Projects

Presentation Material

Jul 25, 2015 — Neil Boyle

PERFORMANCE AND RENEGOTIATON IN PUBLIC PROCUREMENT AND PPP - THE ECONOMIC ORGANIZATION OF PPP WSS PHILIPPINES XXX duedate 6192015 prnt 6212015

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UPDATED – TCE PRECEPTS FOR ANALYZING INSTITUTIONS

Jul 19, 2010 — Neil Boyle

UPDATED - TCE PRECEPTS FOR ANALYZING INSTITUTIONS 07-19-2010 ver 3C Please click on the above link to see the updated version of what I consider one of my important posts.  It is important because it concentrates in one file the beginning of what I have learned over the past 10 years of studying ...

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Common Hazards Encountered in PPP Projects

Dec 24, 2009 — Neil Boyle

Hazards are embedded in all agreements and contracts. Even after negotiating away all so-called risks, contract hazards comprise a bevy of hidden risks.  These hidden risks are more appropriately referred to as hazardous incentives or transaction costs, which enable the human factors of limited cognitive capacity and guileful self-interest. Please download the following ...

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Pricing the Deal as a Quadruple Trade-off

Nov 21, 2009 — Neil Boyle

The pricing of deals is often a two dimensional (finance on technical) trade-off between price and a series of financial and technical considerations. Because these considerations are geared toward securing project revenue streams (cash flows) for the comfort of creditors, finance issues tend to dominate the contracting action. Securing lender comfort ...

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Negotiating Credibly Committed Agreements that Signal Confidence and Continuity Intentions

Technical Notes

Nov 19, 2009 — Neil Boyle

Bilateral trading parties engaged in PPP infrastructure create credible commitments wherein each will have confidence in trading with the other. Prospective investors seek mutual confidence because risk neutral and farsighted suppliers create the conditions for buyers to choose contractual terms that best suit their needs, hence it is in both ...

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