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Costs and efficiency of highway concessionaires: a survey of Italian operators
Massiani, Jerome; Ragazzi, Giorgio - Volkswirtschaftliche Fakultät, … - 2008
Measuring the productivity of highway concessionaires is very relevant, especially when a price cap regulation is applied where tariff increases are based on expected improvements of productivity. Output may be measured in terms of traffic or network length, or a combination of both, while...
Persistent link: https://www.econbiz.de/10009651391
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Effectiveness of mobility limitation policies against long term approaches in reduction of emitted pollutants
Beria, Paolo - Volkswirtschaftliche Fakultät, … - 2005
The paper aims to provide an analysis for different urban mobility policies in terms of local and global pollutants reduction. The paper will estimate the amount of total pollutants emitted in a chosen area and the delta generated by limitation policies (like total area blocks, vehicle plates...
Persistent link: https://www.econbiz.de/10005616762
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Road pricing: An overview
M. Rouhani, Omid - Volkswirtschaftliche Fakultät, … - 2014
This paper offers a general overview of the road pricing concept. It first examines the common objectives used in road pricing, namely (a) congestion reduction; (b) raising profits; (c) social welfare maximization; etc. Then, it explores various types of road pricing, including two major ones:...
Persistent link: https://www.econbiz.de/10011111205
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Participacion privada en la construccion y explotacion de carreteras de peaje
de Rus, Gines; Trujillo, Lourdes; Romero, Manuel - Volkswirtschaftliche Fakultät, … - 2000
Private participation in the construction and operation of road infrastructure ia a way to deal with tight budget constraints and increasing demand for additional road capacity. Fixed term concessions has been the standard contract between the the public sector and private operators with poor...
Persistent link: https://www.econbiz.de/10005786902
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Auctions for Infrastructure Concessions with Demand Uncertainty and Unknown Costs
Nombela, Gustavo; de Rus, Gines - Volkswirtschaftliche Fakultät, … - 2001
Auction mechanisms commonly used in practice for awarding infrastructure concession contracts induce a bias towards the … auction mechanism reduces the probability of selection errors and contract renegotiation, and it is simple enough to …
Persistent link: https://www.econbiz.de/10005835519
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Least Present Value of Net Revenue: a new auction-mechanism for highway concessions
de Rus, Gines; Nombela, Gustavo - Volkswirtschaftliche Fakultät, … - 2000
This paper presents a new mechanism for awarding tolled-highways, based on the variable-term concept proposed by Engel et al (1997). These authors claim that a mechanism based on bids for least-present-value of revenue (LPVR) eliminates the risk of demand and simplifies renegotiations. However,...
Persistent link: https://www.econbiz.de/10005835664
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Concesiones de plazo variable para la construcción y explotación de autopistas
de Rus, Gines; Nombela, Gustavo - Volkswirtschaftliche Fakultät, … - 2003
term concession, which is adjusted according to the actual traffic level using the road, and an auction with bids for total …
Persistent link: https://www.econbiz.de/10005835762
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Diszkriminatív áras és egyenáras aukciók
Monostori, Zoltan - Volkswirtschaftliche Fakultät, … - 2013
A tanulmány célja az értékpapírok esetében leggyakrabban alkalmazott két aukciós technika (az egyenáras és a diszkriminatív áras aukció) összehasonlító elemzése. A szakirodalom elsősorban az aukció várható bevétele szempontjából elemzi a módszereket. Az elméleti...
Persistent link: https://www.econbiz.de/10011258696
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Auctioning with Aspirations: Keep Them Low (Enough)
Shunda, Nicholas - Volkswirtschaftliche Fakultät, … - 2009
In an auction with a buy price, a seller offers bidders the opportunity to forgo competing in an auction by transacting … auction's reserve price and buy price, she does best to keep her aspirations sufficiently low by designing a no …-reserve auction with a buy price low enough that some bidder types would exercise it with positive probability in equilibrium. The …
Persistent link: https://www.econbiz.de/10005079307
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Tacit collusion and capacity withholding in repeated uniform price auctions
Dechenaux, Emmanuel; Kovenock, Dan - Volkswirtschaftliche Fakultät, … - 2007
-quantity pair, perfect collusion with equal sharing of profit is easier to sustain in the uniform price auction than in the … corresponding discriminatory auction. Moreover, capacity withholding may be necessary to sustain this outcome. Even when firms may …
Persistent link: https://www.econbiz.de/10009650691