Engel, Eduardo (contributor); Fischer, Ronald (contributor); … - 2003 - [Elektronische Ressource]
SOFT BUDGETS AND HIGHWAY FRANCHISING 1
BY EDUARDO ENGEL, RONALD FISCHER AND ALEXANDER GALETOVIC2
First version: October …-of-funds, franchising, government subsidies, present-
value-of-revenue (PVR), regulation, renegotiation.
JEL classification: H21, L51, L91
1 … approach and by the current model
of highway franchising. Under the traditional approach, the government designs, finances, and …