International audienceThis paper investigates the determinants of contracts' renewal in utilities industries where competitive tendering is used. As most of these contracts remain in the hands of the incumbents, we study the reasons of such a stability. More precisely, the empirical analysis deals with the urban public transport sector in France and looks for the determinants of the incumbents' advantage. The database we built gathers all the auctions organized in this sector between 1995 and 2006. The econometric study shows that the main determinants of incumbents' advantage are the market share of the incumbent and the degree of transparency of the competitive tendering procedure. These results question the existence of an effective comp...
The renewal of franchise bidding for natural monopolies is often considered to be insufficiently com...
The renewal of franchise bidding for natural monopolies is often considered to be insufficiently com...
The renewal of franchise bidding for natural monopolies is often considered to be insufficiently com...
International audienceThis paper investigates the determinants of contracts' renewal in utilities in...
International audienceThis paper investigates the determinants of contracts' renewal in utilities in...
International audienceThis paper investigates the determinants of contracts' renewal in utilities in...
International audienceThis paper investigates the determinants of contracts' renewal in utilities in...
Competitive Tendering in Utilities. Some Lessons from Transaction Cost Economics The use of competi...
The use of competitive tendering in utilities industries has been developing for two decades. The ma...
The use of competitive tendering in utilities industries has been developing for two decades. The ma...
The use of competitive tendering in utilities industries has been developing for two decades. The ma...
The use of competitive tendering in utilities industries has been developing for two decades. The ma...
The use of competitive tendering in utilities industries has been developing for two decades. The ma...
The renewal of franchise bidding for natural monopolies is often considered to be insufficiently com...
The renewal of franchise bidding for natural monopolies is often considered to be insufficiently com...
The renewal of franchise bidding for natural monopolies is often considered to be insufficiently com...
The renewal of franchise bidding for natural monopolies is often considered to be insufficiently com...
The renewal of franchise bidding for natural monopolies is often considered to be insufficiently com...
International audienceThis paper investigates the determinants of contracts' renewal in utilities in...
International audienceThis paper investigates the determinants of contracts' renewal in utilities in...
International audienceThis paper investigates the determinants of contracts' renewal in utilities in...
International audienceThis paper investigates the determinants of contracts' renewal in utilities in...
Competitive Tendering in Utilities. Some Lessons from Transaction Cost Economics The use of competi...
The use of competitive tendering in utilities industries has been developing for two decades. The ma...
The use of competitive tendering in utilities industries has been developing for two decades. The ma...
The use of competitive tendering in utilities industries has been developing for two decades. The ma...
The use of competitive tendering in utilities industries has been developing for two decades. The ma...
The use of competitive tendering in utilities industries has been developing for two decades. The ma...
The renewal of franchise bidding for natural monopolies is often considered to be insufficiently com...
The renewal of franchise bidding for natural monopolies is often considered to be insufficiently com...
The renewal of franchise bidding for natural monopolies is often considered to be insufficiently com...
The renewal of franchise bidding for natural monopolies is often considered to be insufficiently com...
The renewal of franchise bidding for natural monopolies is often considered to be insufficiently com...