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Privatisation des sociétés d'autoroute et marché aval

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  • David Ettinger

Abstract

We analyze the privatization of highway firms, focusing both on the sale of the shares of these firms and the tenders organized by the highway firms for the maintenance of the highways network. If a public works firm buys shares of a highway firm, tenders become inefficient and the revenue of the highway firm rises. We propose allocation mechanisms for highway firms' shares which raise State's revenue and reduce downstream tenders' efficiency.

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  • David Ettinger, 2008. "Privatisation des sociétés d'autoroute et marché aval," Annals of Economics and Statistics, GENES, issue 89, pages 63-90.
    • Handle: RePEc:adr:anecst:y:2008:i:89:p:63-90
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