Institutional Design for Concessions
José Miguel Sánchez; Rodrigo Harrison y Roberto Muñoz
The Network Industries Quarterly, May 2013. Vol. 15, Issue Nº 1. Pages 3-5.
Abstract: This paper stresses the importance of the institutional framework for the success of a concession process, and discusses a methodology to design and evaluate its interaction with the concessionaire. The institutional design has proven in practice to be critical in explaining the failure or success of the concession model.