Economic valuation of a toll road concession with traffic guarantees and the abandonment option

Abstract Governments worldwide have been encouraging private participation in transportation infrastructure. To increase the feasibility of a project, public-private partnership (PPP) may include guarantees or other support to reduce the risks for private investors. It is necessary to value these op...

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Bibliographic Details
Main Authors: Frances Fischberg Blank, Carlos Patricio Samanez, Tara Keshar Nanda Baidya, Marco Antonio Guimarães Dias
Format: Article
Language:English
Published: Associação Brasileira de Engenharia de Produção (ABEPRO) 2016-03-01
Series:Production
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0103-65132016000100039&lng=en&tlng=en