This paper has made three extensions to further investigate the effects of concession period structures (1) when the toll price is determined by the private firm; (2) when renegotiation takes place; and (3) when government support policies are present.
Because randomisation was carried out at the concession level, all analyses included random effects of concession.
In a country where memories of colonial economic subjugation run deep, however, the Treasury's demands may have the effect of making concessions on exchange rate policy politically risky, bankers in China said.
So far it appears to be having the effect of obscuring the precise concessions demanded of each side, which neither has fulfilled.
To overcome the effect of risk factors on concession price, a pricing adjustment model using Case-base Reasoning (CBR) technique was proposed to consider the unquantifiable risk factors.
Without their approval of concessions expected to take effect May 1, the airline -- which lost $1.04 billion in the first quarter -- edged toward bankruptcy.
We also analyze the effect that concession of subsidies might have on firms which do not enjoy this type of support.
And according to Chatzis, Tsipras has every motivation to win the kind of concessions that could set off that domino effect.
Instead of concessions, the government responded with repression.
There are no signs of concessions from Beijing.
