The role of public authorities in fostering private investment (notice n° 546316)
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control field | 20250121114026.0 |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | fre |
042 ## - AUTHENTICATION CODE | |
Authentication code | dc |
100 10 - MAIN ENTRY--PERSONAL NAME | |
Personal name | Jullien, Bruno |
Relator term | author |
245 00 - TITLE STATEMENT | |
Title | The role of public authorities in fostering private investment |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2018.<br/> |
500 ## - GENERAL NOTE | |
General note | 77 |
520 ## - SUMMARY, ETC. | |
Summary, etc. | A firm may provide a service to a public authority but this requires a prior investment. Once the private investment and the uncertainty concerning the social value of the service are realized, the public authority can provide the service by its own means. Although such a decision may be welfare-increasing from an ex post point of view, it can reduce the ex ante incentives to invest. We study different options for the public authority (depending on whether it can negotiate with the firm and invest, or invest only), both under complete and incomplete information on the social value of the service. Our results suggest that allowing the local authority to negotiate with the firm tends to improve welfare. JEL Codes: H11. |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | investment |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | information |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | regulation |
700 10 - ADDED ENTRY--PERSONAL NAME | |
Personal name | Pouyet, Jérôme |
Relator term | author |
700 10 - ADDED ENTRY--PERSONAL NAME | |
Personal name | Sand-Zantman, Wilfried |
Relator term | author |
786 0# - DATA SOURCE ENTRY | |
Note | Revue économique | 69 | 6 | 2018-11-14 | p. 985-1007 | 0035-2764 |
856 41 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-economique-2018-6-page-985?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-economique-2018-6-page-985?lang=en&redirect-ssocas=7080</a> |
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