The impact of legal frameworks on bidding mechanisms by H. Raghfar, A. Taklif, S. Shahhosseini, A. Ghasemi, A. Faridzad

“…In this matter, government institutions, due to their weaknesses in both technology and financing, are willing to create some optimal policy frameworks to utilize financial instruments to encourage private sector participation, as well as increase the share of revenues from the urban projects.The aim of this paper is to use the auction theory to improve the current mechanisms of public asset allocation. …”
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