کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
312535 | 534225 | 2009 | 11 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Regulating concessions of toll motorways: An empirical study on fixed vs. variable term contracts
دانلود مقاله + سفارش ترجمه
دانلود مقاله ISI انگلیسی
رایگان برای ایرانیان
موضوعات مرتبط
مهندسی و علوم پایه
سایر رشته های مهندسی
مهندسی عمران و سازه
پیش نمایش صفحه اول مقاله
![عکس صفحه اول مقاله: Regulating concessions of toll motorways: An empirical study on fixed vs. variable term contracts Regulating concessions of toll motorways: An empirical study on fixed vs. variable term contracts](/preview/png/312535.png)
چکیده انگلیسی
Recent theoretical developments on concession contracts for long term infrastructure projects under uncertain demand show the benefits of allowing for flexible term contracts rather than fixing a rigid term. This study presents a simulation to compare both alternatives by using real data from the oldest Spanish toll motorways. For this purpose, we analyze how well the flexible term would have performed instead of the fixed length actually established. Our results show a huge reduction of the term of concession that would have dramatically decreased the firm’s benefits and the user’s overpayment due to the internalization of an unexpected traffic increase.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Transportation Research Part A: Policy and Practice - Volume 43, Issue 2, February 2009, Pages 219–229
Journal: Transportation Research Part A: Policy and Practice - Volume 43, Issue 2, February 2009, Pages 219–229
نویسندگان
Daniel Albalate, Germà Bel,