In infrastructure franchising, risks must be allocated to the agent that can handle them. To mitigate risks that the concessionaire can not handle with should decrease the return required by the concessionaire and increase the expected return of the Government. In this paper we analyze a...

This paper presents the results of the Role of Government Survey conducted by the Department of Economics (FCS-UDELAR) under the Project of the International Social Survey Program, supported by the Comisión Sectorial de Investigación Científica (CSIC) and the Asociación Cristiana de...