Auctioning Public Assets: Analysis and Alternatives by Maarten Janssen

By Maarten Janssen

in lots of international locations worldwide, governments are privatising companies that have been formerly lower than public regulate. this can be occurring, for instance, in public software sectors corresponding to fuel, water and electrical energy, in delivery sectors (such as rail and metro) and in radio and telephony. This booklet offers an outline of the commercial matters which are all in favour of this move of possession of public resources. Combining a theoretical framework with a suite of case reviews of modern revenues of state-owned resources from Europe and america, it asks which type of allocation mechanism can a central authority undertake? that's so much fitted to a selected sale? and the way will the alternative of allocation mechanism impact destiny industry results? With contributions from foreign specialists, this publication deals an available advent to public sale conception and a useful, non-technical research of present wisdom. it will likely be of curiosity to scholars, non-specialists and policy-makers alike.

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