The auctioning of urban highway franchises
The auctioning of urban highway franchises
dc.creator | Serra, Pablo | |
dc.date | 2016-05-10 | |
dc.date.accessioned | 2019-04-02T14:00:18Z | |
dc.date.available | 2019-04-02T14:00:18Z | |
dc.identifier | https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/41007 | |
dc.identifier.uri | http://revistaschilenas.uchile.cl/handle/2250/3288 | |
dc.description | Urban highways are a scarce resource. For this reason, the auction of urban highway franchises to the private sector should take into account the congestion which affects them. In this paper a form of auction is proposed which consists of fixing maximum tolls, taking social welfare into account at both peak hours and off-peak hours, and then, following the proposal of Engel, Fischer and Galetovic, by granting the franchise to the applicant that demands the least revenue for constructing and operating the highway until such revenue has been collected. The authority could temporarily raise either or both maximum tolls. | en-US |
dc.format | text/html | |
dc.language | eng | |
dc.publisher | Departamento de Economía - Facultad de Economía y Negocios, Universidad de Chile. | en-US |
dc.relation | https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/41007/43673 | |
dc.source | Estudios de Economía; Vol 23 No 3 (1996): August; pp. 211-238 | en-US |
dc.source | Estudios de Economía; Vol 23 No 3 (1996): August; pp. 211-238 | es-ES |
dc.source | 0718-5286 | |
dc.source | 0304-2758 | |
dc.title | The auctioning of urban highway franchises | en-US |
dc.title | The auctioning of urban highway franchises | es-ES |
dc.type | info:eu-repo/semantics/article | |
dc.type | info:eu-repo/semantics/publishedVersion |
This item appears in the following Collection(s)
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Estudios de Economía
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