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Economic development and social welfare depend on the existence of
effective and efficient infrastructure systems, particularly in
health, energy, transportation and water, many of which are
developed and managed through Public-Private Partnerships (PPPs).
However, empirical evidence suggests some pitfalls in the use of
these PPP arrangements. This book addresses these issues, focusing
on mostly three key questions: How to improve the robustness of the
decision-making process leading to the option of PPP? How to
improve contract management as the longest phase of the process?
How can contracts be improved to accommodate uncertainty and avoid
harmful renegotiations? The authors explore the concept of flexible
contracts, the uncertainty modeling for improving the robustness of
the decision-making process, and develop an overall framework for
effective contract management, along with a comprehensive analysis
of current renegotiation patterns. The ultimate goal is to improve
the contractual performance, as well as the overall infrastructure
management and social welfare.
This book provides a theoretical basis for understanding the
phenomenon of renegotiations in Public Private Partnerships (PPPs).
It analyzes the case of transport projects, and provides empirical
evidence from a variety of real-world projects. What drives
renegotiations? Why are some projects more likely to be
renegotiated than others? What are the outcomes? How can we improve
the performance of renegotiation processes? These questions form
the core of discussion in this book. PPPs are a procurement model
for the delivery of infrastructure and public services that have
experienced significant growth over the last three decades,
particularly in terms of the development of transportation
projects. The empirical evidence suggests that most PPP projects
are inevitably renegotiated, i.e., the original contract needs to
be adapted to new and unforeseen circumstances. The impacts of
these changes on the welfare of the respective stakeholders are
frequently asymmetric. Most academic research and professional
guidelines are focused on PPP contract design and preparation of
the procurement process, and very little has been published on the
management and, mainly, the process of renegotiating that will - in
all likelihood - occur. This book fills this gap in the academic
discussion. Several country-based analyses and case studies from
Europe and the Americas provide the reader with practical
applications of the theory.
There is a growing interest in Public-Private Partnerships (PPPs),
particularly in infrastructure and public services. Under the scope
of PPPs, renegotiations are becoming more relevant, as empirical
evidence suggests that most PPP projects are inevitably
renegotiated, i.e., the original contract needs to be adapted to
new and unforeseen circumstances. Renegotiations have a substantial
impact on the contract and performance of a PPP and usually
represent significant costs for users and taxpayers. However, very
little is known about the management and, mainly, the process of
renegotiating that will, very likely, occur. This book provides a
set of case-studies of PPP renegotiations in the transport sector.
The authors illustrate the Portuguese experience, a country that
has been using PPP extensively, particularly in transport. The case
studies provide an extensive and detailed analysis on each aspect
of the project and the renegotiation. What drives renegotiations?
Why are some projects more renegotiated than others? What are the
results? How can the performance of renegotiation processes be
improved? These and other questions provide the basis for the
discussions in this book. The novelty and value of the book come
mainly from the extent of information available. Each case-study
deals with these questions in much more detail than what is common
in the case-studies approach.
There is a growing interest in Public-Private Partnerships (PPPs),
particularly in infrastructure and public services. Under the scope
of PPPs, renegotiations are becoming more relevant, as empirical
evidence suggests that most PPP projects are inevitably
renegotiated, i.e., the original contract needs to be adapted to
new and unforeseen circumstances. Renegotiations have a substantial
impact on the contract and performance of a PPP and usually
represent significant costs for users and taxpayers. However, very
little is known about the management and, mainly, the process of
renegotiating that will, very likely, occur. This book provides a
set of case-studies of PPP renegotiations in the transport sector.
The authors illustrate the Portuguese experience, a country that
has been using PPP extensively, particularly in transport. The case
studies provide an extensive and detailed analysis on each aspect
of the project and the renegotiation. What drives renegotiations?
Why are some projects more renegotiated than others? What are the
results? How can the performance of renegotiation processes be
improved? These and other questions provide the basis for the
discussions in this book. The novelty and value of the book come
mainly from the extent of information available. Each case-study
deals with these questions in much more detail than what is common
in the case-studies approach.Â
Economic development and social welfare depend on the existence of
effective and efficient infrastructure systems, particularly in
health, energy, transportation and water, many of which are
developed and managed through Public-Private Partnerships (PPPs).
However, empirical evidence suggests some pitfalls in the use of
these PPP arrangements. This book addresses these issues, focusing
on mostly three key questions: How to improve the robustness of the
decision-making process leading to the option of PPP? How to
improve contract management as the longest phase of the process?
How can contracts be improved to accommodate uncertainty and avoid
harmful renegotiations? The authors explore the concept of flexible
contracts, the uncertainty modeling for improving the robustness of
the decision-making process, and develop an overall framework for
effective contract management, along with a comprehensive analysis
of current renegotiation patterns. The ultimate goal is to improve
the contractual performance, as well as the overall infrastructure
management and social welfare.
In many past and recent earthquakes it has been shown that the
local conditions and, in particular, the local geology have a great
influence on the observed seismic ground motion and, consequently,
on the damage distribution in housing, industrial stock, and
life-lines. Seismic microzoning is the usual procedure to have
these local effects taken into account for engineering design and
land-use planning, being a useful tool for earthquake risk
mitigation. This volume presents a collection of papers mainly
originated from a workshop on Seismic Microzoning, organized during
the 23rd General Assembly of the European Geophysical Society (EGS)
in Nice, France in April 1998. The workshop dealt with various
geophysical tools for analysing the effects of the local soils of
subsurface geology on seismic ground motion, namely the methods
using experimental data such as microtremors, and the
theoretical/numerical 1-D and 2-D modelling methods. Additional
contributions discussing techniques for characterising soil
properties, microzoning applications to several urban areas, and
others were added to the volume to broaden this important topic.
This book provides a theoretical basis for understanding the
phenomenon of renegotiations in Public Private Partnerships (PPPs).
It analyzes the case of transport projects, and provides empirical
evidence from a variety of real-world projects. What drives
renegotiations? Why are some projects more likely to be
renegotiated than others? What are the outcomes? How can we improve
the performance of renegotiation processes? These questions form
the core of discussion in this book. PPPs are a procurement model
for the delivery of infrastructure and public services that have
experienced significant growth over the last three decades,
particularly in terms of the development of transportation
projects. The empirical evidence suggests that most PPP projects
are inevitably renegotiated, i.e., the original contract needs to
be adapted to new and unforeseen circumstances. The impacts of
these changes on the welfare of the respective stakeholders are
frequently asymmetric. Most academic research and professional
guidelines are focused on PPP contract design and preparation of
the procurement process, and very little has been published on the
management and, mainly, the process of renegotiating that will - in
all likelihood - occur. This book fills this gap in the academic
discussion. Several country-based analyses and case studies from
Europe and the Americas provide the reader with practical
applications of the theory.
Apply C++ to programming problems in the financial industry using
this hands-on book, updated for C++20. It explains those aspects of
the language that are more frequently used in writing financial
software, including the Standard Template Library (STL), templates,
and various numerical libraries. Practical C++20 Financial
Programming also describes many of the important problems in
financial engineering that are part of the day-to-day work of
financial programmers in large investment banks and hedge funds.
The author has extensive experience in the New York City financial
industry that is now distilled into this handy guide. Focus is on
providing working solutions for common programming problems.
Examples are plentiful and provide value in the form of
ready-to-use solutions that you can immediately apply in your
day-to-day work. You'll see examples of matrix manipulations, curve
fitting, histogram generation, numerical integration, and
differential equation analysis, and you'll learn how all these
techniques can be applied to some of the most common areas of
financial software development. These areas include performance
price forecasting, optimizing investment portfolios, and more. The
book style is quick and to-the-point, delivering a refreshing view
of what one needs to master in order to thrive as a C++ programmer
in the financial industry. What You Will Learn Cover aspects of C++
especially relevant to financial programming Write working
solutions to commonly encountered problems in finance Design
efficient, numerical classes for use in finance, as well as to use
those classes provided by Boost and other libraries Who This Book
Is For Those who are new to programming for financial applications
using C++, but should have some previous experience with C++.
Objective-C Programmer's Reference provides the tools necessary to
write software in Objective-C--the language of choice for
developing iOS and OS X applications. Author Carlos Oliveira begins
from the basic building blocks of the language. He shows how to
create correct and efficient applications by applying your
knowledge of object-oriented and structured programming. This book:
* Takes you quickly through fundamental concepts such as interfaces
and class implementations. * Provides a concise reference to the
Foundation Framework that is all-important when programming in
Objective-C. * Highlights key differences between Objective-C and
other popular languages such as Java or Python. * Provides the
fundamentals of Cocoa and Cocoa Touch, which are the standard for
OS X and iOS development. Objective-C Programmer's Reference makes
extensive use of concepts already mastered by developers who are
fluent in other languages such as C++, Java, Perl, and Python. The
author's approach is logical and structured, and even novice
developers will have an easy time absorbing the most important
topics necessary to program in Objective-C.Objective-C Programmer's
Reference is a book for professional developers in Objective-C, or
those who are moving to Objective-C from other languages. The book
is written for readers who lack the time to invest in more
traditional books, which usually spend hundreds of pages to explain
concepts that are part of the working programmer's standard
vocabulary. What you'll learn * Grasp the basic syntax of the
Objective-C language. * Create classes and methods in Objective-C.
* Apply Objective-C's message-passing mechanism to simplify your
code and avoid deep class hierarchies. * Store and access dynamic
data through Objective-C's built-in, key-value system. * Make
effective use of container classes such as arrays and dictionaries
with their immutable and mutable versions. * Create simple
applications for iPhones, iPads, Macbooks, and other iOS and Mac OS
X devices. Who this book is for Objective-C Programmer's Reference
is for programmers in Objective-C who are looking for a handy
reference to keep them on top of their game.The book is also
designed for programmers moving to Objective-C from some other
language, especially from another C-like language such as Java or
C#, providing just that additional bit that is needed to transfer
their expertise into Objective-C and get a leg up on creating
applications for the iOS and OS X platforms underlying Apple's
hugely successful devices such as the iPhone, iPad, and Macbook.
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