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Privatisation des sociétés d'autoroute et marché aval

Listed author(s):
  • David Ettinger

    ()

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

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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Paper provided by HAL in its series Post-Print with number hal-00702431.

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Date of creation: 2008
Publication status: Published in Annales d'Economie et Statistiques, 2008, 83, pp.63-90
Handle: RePEc:hal:journl:hal-00702431
Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-00702431
Contact details of provider: Web page: https://hal.archives-ouvertes.fr/

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