Concession contract renegotiations some efficiency versus equity dilemmas

If having firm-driven renegotiations of contracts for infrastructure services is a major concern, efficiency should not be the only consideration in selecting an operator, indeed, consumers may want to award the concession to a less efficient firm if that would reduce the probability of renegotiatio...

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Bibliographic Details
Main Author: Estache, Antonio
Corporate Author: World Bank Institute Governance, Regulation, and Finance Division
Other Authors: Quesada, Lucia
Format: eBook
Language:English
Published: Washington, D.C World Bank, World Bank Institute, Governance, Regulation, and Finance Division 2001
Series:Policy research working paper
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
Summary:If having firm-driven renegotiations of contracts for infrastructure services is a major concern, efficiency should not be the only consideration in selecting an operator, indeed, consumers may want to award the concession to a less efficient firm if that would reduce the probability of renegotiation
Item Description:"November 2001. - Includes bibliographical references (p. 29-30). - Title from title screen as viewed on Aug. 24, 2002