The more the merrier? Number of bidders, information dispersion, renegotiation and winner’s curse in toll road concessions
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- Engel, Eduardo M.R:A. & Fischer, Ronald & Galetovic, Alexander, 2019. "Soft budgets and endogenous renegotiations in transport PPPs: An equilibrium analysis," Economics of Transportation, Elsevier, vol. 17(C), pages 40-50.
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- Reza Farrahi Moghaddam & Fereydoun Farrahi Moghaddam & Mohamed Cheriet, 2014. "A Multi-Entity Input Output (MEIO) Approach to Sustainability - Water-Energy-GHG (WEG) Footprint Statements in Use Cases from Auto and Telco Industries," Papers 1404.6227, arXiv.org, revised Apr 2014.
- Gino Loyola, 2021. "Effects of competition in first-price auctions," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(4), pages 1527-1567, June.
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More about this item
Keywords
Winner’s curse; Common value auction; Public Private Partnerships; incomplete contract;All these keywords.
JEL classification:
- H57 - Public Economics - - National Government Expenditures and Related Policies - - - Procurement
- H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
- L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
- H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
NEP fields
This paper has been announced in the following NEP Reports:- NEP-COM-2008-09-20 (Industrial Competition)
- NEP-PPM-2008-09-20 (Project, Program and Portfolio Management)
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