Economic valuation of a toll road concession with traffic guarantees and the abandonment option

Author:

Blank Frances Fischberg1,Samanez Carlos Patricio1,Baidya Tara Keshar Nanda2,Dias Marco Antonio Guimarães3

Affiliation:

1. Pontifícia Universidade Católica do Rio de Janeiro, Brazil

2. Universidade do Grande Rio, Brazil

3. Pontifícia Universidade Católica do Rio de Janeiro, Brazil; Petrobras - Petróleo Brasileiro S.A, Brasil

Publisher

FapUNIFESP (SciELO)

Subject

Industrial and Manufacturing Engineering

Reference27 articles.

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2. The pricing of options and corporate liabilities;Black F.;Journal of Political Economy,1973

3. Project evaluation in the presence of multiple embedded real options: evidence from the Taiwan High-Speed Rail project;Bowe M.;Journal of Asian Economics,2004

4. The option value of government guarantees in infrastructure projects;Brandão L. E. T.;Construction Management and Economics,2008

5. Institui normas gerais para licitação e contratação de parceria público-privada no âmbito da administração pública (Lei nº 11.079, de 30 de dezembro de 2004);Diário Oficial da República Federativa do Brasil,2004

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3. Liability Cost of Government Guarantees in Highway Concession Projects: Case of the Salvador–Itaparica Bridge;Journal of Infrastructure Systems;2022-06

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