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https://hdl.handle.net/10419/53203
Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Moretto, Michele | en |
dc.contributor.author | Dosi, Cesare | en |
dc.date.accessioned | 2011-12-15T11:31:12Z | - |
dc.date.available | 2011-12-15T11:31:12Z | - |
dc.date.issued | 2009 | - |
dc.identifier.uri | http://hdl.handle.net/10419/53203 | - |
dc.description.abstract | We study the competition to acquire the exclusive right to operate an infrastructure service, by comparing two different specifications for the financial proposals - lowest price to consumers vs highest concession fee, and two alternative contractual arrangements: a contract which imposes the obligation to immediately undertake the investment required to operate the concessioned service and a contract which simply assigns to the winning bidder the right to supply the market at a date of her choosing. By comparing the returns of these alternative award criteria and concessioning conditions, we show that concessioning without imposing rollout time limits may or may not provide a higher expected social value, depending on the bidding rule used to allocate the contract. In turn, the relative advantages of each award criterion are affected by the concessioning conditions. | en |
dc.language.iso | eng | en |
dc.publisher | |aFondazione Eni Enrico Mattei (FEEM) |cMilano | en |
dc.relation.ispartofseries | |aNota di Lavoro |x23.2009 | en |
dc.subject.jel | L51 | en |
dc.subject.jel | D44 | en |
dc.subject.jel | D92 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | Concessions | en |
dc.subject.keyword | Auctions | en |
dc.subject.keyword | Award criteria | en |
dc.subject.keyword | Service Rollout Time limits | en |
dc.title | Auctioning monopoly franchises: Award criteria and service launch requirements | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 644984554 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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