Sharing Risk Through Concession Contracts

In this paper we model concession contracts between a public and a private party, under dynamic uncertainty arising both from the volatility of the cash flow generated by the project and by the strategic behaviour of the two parties. Under these conditions we derive three notions of equilibrium price and apply the model to a case study for one of the most important concession contracts in Italy

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Year of publication:	2010
Authors:	Scandizzo, Pasquale Lucio
Other Persons:	Ventura, Marco (contributor)
Publisher:	[2010]: [S.l.] : SSRN
Subject:	Konzession \| Concession \| Risiko \| Risk \| Risikomanagement \| Risk management \| Vertrag \| Contract \| Vertragstheorie \| Contract theory

Extent:	1 Online-Ressource (16 p)
Series:	CEIS Working Paper ; No. 166
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 31, 2010 erstellt
Other identifiers:	10.2139/ssrn.1618294 [DOI]
Classification:	D81 - Criteria for Decision-Making under Risk and Uncertainty ; L91 - Transportation: General ; L50 - Regulation and Industrial Policy. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013142779