Utilize este identificador para referenciar este registo:
https://hdl.handle.net/1822/21359
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Campo DC | Valor | Idioma |
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dc.contributor.author | Armada, Manuel José da Rocha | - |
dc.contributor.author | Pereira, Paulo J. | - |
dc.contributor.author | Rodrigues, Artur | - |
dc.date.accessioned | 2012-12-10T15:12:43Z | - |
dc.date.available | 2012-12-10T15:12:43Z | - |
dc.date.issued | 2012 | - |
dc.identifier.issn | 1351-847X | por |
dc.identifier.uri | https://hdl.handle.net/1822/21359 | - |
dc.description.abstract | In this paper, we analyse how certain subsidies and guarantees given to private firms in public–private partnerships should be optimally arranged to promote immediate investment in a real options framework. We show how an investment subsidy, a revenue subsidy, a minimum demand guarantee, and a rescue option could be optimally arranged to induce immediate investment, compensating for the value of the option to defer. These four types of incentives produce significantly different results when we compare the value of the project after the incentive structure is devised and also when we compare the timing of the resulting cash flows. | por |
dc.description.sponsorship | COMPETE; QREN; FEDER; Fundação para a Ciência e a Tecnologia (FCT) | por |
dc.language.iso | eng | por |
dc.publisher | Taylor and Francis | por |
dc.rights | restrictedAccess | por |
dc.subject | Option to defer | por |
dc.subject | Public-private partnerships | por |
dc.subject | Early exercise | por |
dc.subject | Incentives | por |
dc.title | Optimal subsidies and guarantees in public–private partnerships | por |
dc.type | article | por |
dc.peerreviewed | yes | por |
dc.relation.publisherversion | http://www.tandfonline.com/doi/abs/10.1080/1351847X.2011.639789 | por |
sdum.publicationstatus | published | por |
oaire.citationStartPage | 469 | por |
oaire.citationEndPage | 495 | por |
oaire.citationIssue | 5 | por |
oaire.citationTitle | The European Journal of Finance | por |
oaire.citationVolume | 18 | por |
dc.identifier.doi | 10.1080/1351847X.2011.639789 | por |
dc.subject.wos | Social Sciences | por |
sdum.journal | The European Journal of Finance | por |
Aparece nas coleções: | NIPE - Artigos em Revistas de Circulação Internacional com Arbitragem Científica |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
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12_1.pdf Acesso restrito! | Optimal subsidies and guarantees in public–private partnerships | 797,25 kB | Adobe PDF | Ver/Abrir |