Search Results - subject:"Investment Timing Flexibility"

It is never too late: Optimal penalty for investment delay in Italian public procurement contracts

D'Alpaos, Chiara; Moretto, Michele; Valbonesi, Paola; … - 2009

investigate the contractor's value of investment timing flexibility which the penalty rule - de facto - introduces. We then apply …

Persistent link: https://www.econbiz.de/10010279528

"It Is Never too late": Optimal Penalty for Investment Delay in Public Procurement Contracts

Vergalli, Sergio; Chiara D’Alpaos; Moretto, Michele; … - Fondazione ENI Enrico Mattei (FEEM) - 2009

investigate the contractor’s value of investment timing flexibility which the penalty rule - de facto - introduces. We then apply …

Persistent link: https://www.econbiz.de/10004987240

Optimal penalty for investment delay in public procurement contracts

D'Alpaos, Chiara; Moretto, Michele; Valbonesi, Paola - Dipartimento di Scienze Economiche "Marco Fanno", … - 2008

model that enables us to investigate the contractor's value of investment timing flexibility which the penalty rule - de …

Persistent link: https://www.econbiz.de/10005786747

Time is Money: Optimal Investment Delay in Procurement (and Concession) Contracts

D'Alpaos, Chiara; Moretto, Michele; Valbonesi, Paola - 2006

Procurement (and concession) contracts are agreements granting the right to construct public works, operate and provide a service/good. Themain advantage of a procurement contract is that it passes full responsibility for investment and operations to the private sector and consequentlyprovides...

Persistent link: https://www.econbiz.de/10009443212

Time is Money: Optimal Investment Delay in Procurement (and Concession) Contracts

D'Alpaos, Chiara; Moretto, Michele; Valbonesi, Paola - Department of Applied Economics, College of … - 2006

Procurement (and concession) contracts are agreements granting the right to construct public works, operate and provide a service/good. The main advantage of a procurement contract is that it passes full responsibility for investment and operations to the private sector and consequently provides...

Persistent link: https://www.econbiz.de/10005070369

Concession Length and Investment Timing Flexibility

Moretto, Michele; Alpaos, Chiara D.; Dosi, Cesare - 2005

the impact of concession length and investment timing flexibility on the concession value . It is generally argued that … investment timing flexibility, should always result in higher concession values. Our result suggests that this is not always the …

Persistent link: https://www.econbiz.de/10010312501

Concession Length and Investment Timing Flexibility

Moretto, Michele; Alpaos, Chiara D.; Dosi, Cesare - Fondazione ENI Enrico Mattei (FEEM) - 2005

the impact of concession length and investment timing flexibility on the “concession value”. It is generally argued that … investment timing flexibility, should always result in higher concession values. Our result suggests that this is not always the …

Persistent link: https://www.econbiz.de/10005385395