Estache, Antonio; Guasch, J.L.; Iimi, A.; Trujillo, Lourdes - European Centre for Advanced Research in Economics and … - 2008
Multidimensional auctions are a natural and practical solution when auctioneers pursue more than one objective in their PPP transactions. However, it is difficult to achieve auction efficiency with multiple award criteria. Using auction data from road and railway concessions in Latin America,...