Winner's curse in toll road concessions
| Data(s) |
2008
|
|---|---|
| Resumo |
We empirically assess the effect of the winner's curse in auctions for toll road concessions, taking into account, to our knowledge for the first time, problems of commitment and enforcement, using a unique dataset of 49 worldwide road concessions. |
| Identificador |
http://serval.unil.ch/?id=serval:BIB_A9BDDD9143A3 isbn:0165-1765 doi:10.1016/j.econlet.2008.07.017 |
| Idioma(s) |
en |
| Fonte |
Economics Letters, vol. 101, no. 3, pp. 172-174 |
| Palavras-Chave | #Auctions; Common value; Winner's curse; Incomplete contracts; Concessions |
| Tipo |
info:eu-repo/semantics/article article |
