Caillaud, Bernard; Tirole, Jean - C.E.P.R. Discussion Papers - 2001
The Paper analyses the funding of an infrastructure project (high speed train line, platform, tunnel, harbor, regional … profitability (demand, cost) and the infrastructure owner is subject to a budget constraint, either on a per project basis or over … the entire infrastructure. An open access policy raises welfare, but may make the project non-viable since funding must be …