Valuation of the option of early reversion in road concessions
In recent years there has been an increase in the interest in contractual flexibility in infrastructure investments, especially in Public-Private Partnership agreements, characterized by the uncertainty derived from the long duration of contracts. This has led to the extension of the theory of real...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
TU Delft OPEN Publishing
2018-04-01
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Series: | European Journal of Transport and Infrastructure Research |
Online Access: | https://journals.open.tudelft.nl/ejtir/article/view/3232 |