EconStor >
Helmholtz-Zentrum für Umweltforschung (UFZ), Leipzig >
UFZ-Diskussionspapiere, Fachbereich Sozialwissenschaften, Helmholtz-Zentrum für Umweltforschung (UFZ) >

Please use this identifier to cite or link to this item:
Title:Incentive scheme based on investment plan compliance for public water utilities in Peru PDF Logo
Authors:Larrauri, Iván M. Lucich
Issue Date:2012
Series/Report no.:UFZ-Diskussionspapiere 02/2012
Abstract:Using the budget-based scheme approach developed by Kirby (1991) and Reichelstein (1992), this paper establishes the optimal policy function in order to control hidden actions from managers of Public Water Utilities (PWU) regarding investments that deviate from the Optimized Business Plan (OBP), with the purpose of inducing managers to reduce deviation from the execution of not programmed investments in the OBP and from programmed investments that were not executed. We find a high percentage of investment (47%) that deviates from its OBP. However between 16% and 35% of executed investment that it deviates from its programmation, can be controlled by the PWU manager with a compensation payment schemes.
Document Type:Working Paper
Appears in Collections:UFZ-Diskussionspapiere, Fachbereich Sozialwissenschaften, Helmholtz-Zentrum für Umweltforschung (UFZ)

Files in This Item:
File Description SizeFormat
684930951.pdf455.01 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.