Renegotiation of Concession Contracts in Latin America

High rates of contract renegotiation have raised serious questions about the viability of the concession model to attract private participation in infrastructure in developing countries. After extending in reduced form a standard regulation model, in which renegotiation occurs due to the imperfect e...

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Bibliographic Details
Main Authors: Guasch, J. Luis, Laffont, Jean-Jacques, Straub, Stephane
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5802