Robalino Aguirre, David A.; Romero, Jose Manuel; Walker, Ian - 2020
to (a) estimate the value of the externality and (b) discover the amount of subsidy needed to trigger the private … which selects projects based on the estimated amount of JLEs per dollar of subsidy. The bidding process provides an … incentive to investors to reveal the subsidy needed for a project to become privately viable. We show that the proposed approach …