| 来源类型 | FEEM working papers "Note di lavoro" series
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| 规范类型 | 论文
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| Auctioning Monopoly Franchises: Award Criteria and Service Launch Requirements |
| Michele Moretto; Cesare Dosi
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| 发表日期 | 2009
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| 出处 | Economy and Society
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| 出版年 | 2009
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| 语种 | 英语
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| 摘要 | We study the competition to acquire the exclusive right to operate an infrastructure service, by comparing two different specifications for the financial proposals - "lowest price to consumers" vs "highest concession fee", and two alternative contractual arrangements: a contract which imposes the obligation to immediately undertake the investment required to operate the concessioned service and a contract which simply assigns to the winning bidder the right to supply the market at a date of her choosing. By comparing the returns of these alternative award criteria and concessioning conditions, we show that concessioning without imposing rollout time limits may or may not provide a higher expected social value, depending on the bidding rule used to allocate the contract. In turn, the relative advantages of each award criterion are affected by the concessioning conditions. |
| 特色分类 | L51,D44,D92
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| 关键词 | Concessions,Auctions,Award criteria,Service Rollout Time limits
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| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/auctioning-monopoly-franchises-award-criteria-and-service-launch-requirements/
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| 来源智库 | Fondazione Eni Enrico Mattei (Italy)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117701
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推荐引用方式
GB/T 7714 |
Michele Moretto,Cesare Dosi. Auctioning Monopoly Franchises: Award Criteria and Service Launch Requirements. 2009.
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文件名：
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NDL2009-023.pdf
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格式：
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Adobe PDF
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