private participation prevails, with competition and regulation playing complementary roles. However, even though competition …

private participation prevails, with competition and regulation playing complementary roles. However, even though competition …

We construct a regulation model in which renegotiation occurs due to the imperfect enforcement of concession contracts …

Regulators must understand basic principles of regulation, to explain with credibility their decissions, to asess the … informational constraints, bureaucratic and political ones. Debates on regulation are turning around the world more important …

countries, each regulator does not fully internalize the effect of his regulation on the firm's rent and contracts tend to be …

We construct a regulation model in which renegotiation occurs due to the imperfect enforcement of concession contracts …