Privatizing highways in the United States

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dc.contributor.authorEduardo Engel
dc.contributor.authorRonald Fischer
dc.contributor.authorAlexander Galetovic
dc.coverage.spatialBolivia
dc.date.accessioned2026-03-22T20:44:24Z
dc.date.available2026-03-22T20:44:24Z
dc.date.issued2006
dc.descriptionCitaciones: 1
dc.description.abstractAbstract. We review the experience of both private toll-roads built in the United States during the 1990s, and argue that the problems they encountered could have been avoided if the length of the franchise contract would adapt to demand realizations. We also argue in favor of adjudicating private toll-roads via BOT-type contracts in competitive (Demsetz) auctions. The lessons of this paper are relevant since growing congestion and troubled government finances have made private toll-roads increasingly attractive in the United States.
dc.identifier.urihttp://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.455.1928
dc.identifier.urihttps://andeanlibrary.org/handle/123456789/83791
dc.language.isoen
dc.sourceYale University
dc.subjectToll
dc.subjectFranchise
dc.subjectRevenue
dc.subjectCommon value auction
dc.subjectToll road
dc.subjectGovernment (linguistics)
dc.subjectEconomic rent
dc.subjectBusiness
dc.subjectEconomics
dc.subjectFinance
dc.titlePrivatizing highways in the United States
dc.typepreprint

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