Chong, Eshien; Huet, Freddy - In: Recherches économiques de Louvain 76 (2010) 4, pp. 413-448
The efficiency of franchise bidding schemes for network industries has been challenged by many authors. One of the … theory of under-investment risks of incumbents at the end of the franchise bidding agreement. JEL Classification: D23, L51, L …