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Privatisation des sociétés d'autoroute et marché aval

Author

Listed:
  • David Ettinger

    (LEDa - Laboratoire d'Economie de Dauphine - Université Paris Dauphine-PSL - PSL - Université Paris sciences et lettres, CEREMADE - CEntre de REcherches en MAthématiques de la DEcision - Université Paris Dauphine-PSL - PSL - Université Paris sciences et lettres - CNRS - Centre National de la Recherche Scientifique)

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.

Suggested Citation

  • David Ettinger, 2008. "Privatisation des sociétés d'autoroute et marché aval," Post-Print hal-00702431, HAL.
    • Handle: RePEc:hal:journl:hal-00702431
    Note: View the original document on HAL open archive server: https://hal.science/hal-00702431
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