Incompleteness and clarity in bus contracts: Identifying the nature of the ex ante and ex post perceptual divide
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Stanley, John & van de Velde, Didier, 2008. "Risk and reward in public transport contracting," Research in Transportation Economics, Elsevier, vol. 22(1), pages 20-25, January.
- Hart, Oliver & Moore, John, 1990.
"Property Rights and the Nature of the Firm,"
Journal of Political Economy, University of Chicago Press, vol. 98(6), pages 1119-1158, December.
- Oliver Hart & John Moore, 1988. "Property Rights and the Nature of the Firm," Working papers 495, Massachusetts Institute of Technology (MIT), Department of Economics.
- Hart, Oliver D. & Moore, John, 1990. "Property Rights and the Nature of the Firm," Scholarly Articles 3448675, Harvard University Department of Economics.
- Steven Tadelis & Oliver E.Williamson, 2012.
"Transaction Cost Economics [The Handbook of Organizational Economics],"
Introductory Chapters,,
Princeton University Press.
- Williamson, Oliver E., 1989. "Transaction cost economics," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 1, chapter 3, pages 135-182, Elsevier.
- Oliver E. Williamson, 2008. "Transaction Cost Economics," Springer Books, in: Claude Ménard & Mary M. Shirley (ed.), Handbook of New Institutional Economics, chapter 3, pages 41-65, Springer.
- Oliver E. Williamson, 2005. "Transaction Cost Economics," Springer Books, in: Claude Menard & Mary M. Shirley (ed.), Handbook of New Institutional Economics, chapter 3, pages 41-65, Springer.
- Grossman, Sanford J & Hart, Oliver D, 1986.
"The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration,"
Journal of Political Economy, University of Chicago Press, vol. 94(4), pages 691-719, August.
- Oliver Hart & Sanford Grossman, 1985. "The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration," Working papers 372, Massachusetts Institute of Technology (MIT), Department of Economics.
- Grossman, Sanford J & Hart, Oliver, 1985. "The Cost and Benefits of Ownership: A Theory of Vertical and Lateral Integration," CEPR Discussion Papers 70, C.E.P.R. Discussion Papers.
- Grossman, Sanford J. & Hart, Oliver D., 1986. "The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration," Scholarly Articles 3450060, Harvard University Department of Economics.
- David A. Hensher & Anne Yvrande‐Billon & Rosário Macário & John Preston & Peter White & Bill Tyson & D. M. Van de Velde & Bert van Wee & Joaquim José Guilherme de Aragão & Enilson Medeiros dos Santos , 2007. "Delivering Value for Money to Government through Efficient and Effective Public Transit Service Continuity: Some Thoughts," Transport Reviews, Taylor & Francis Journals, vol. 27(4), pages 411-448, July.
- Oliver E. Williamson, 2000. "The New Institutional Economics: Taking Stock, Looking Ahead," Journal of Economic Literature, American Economic Association, vol. 38(3), pages 595-613, September.
- R. Schmalensee & R. Willig (ed.), 1989. "Handbook of Industrial Organization," Handbook of Industrial Organization, Elsevier, edition 1, volume 2, number 2.
- Hensher, David A. & Stanley, John, 2008. "Transacting under a performance-based contract: The role of negotiation and competitive tendering," Transportation Research Part A: Policy and Practice, Elsevier, vol. 42(9), pages 1143-1151, November.
- Saussier, Stephane, 2000.
"Transaction costs and contractual incompleteness: the case of Electricite de France,"
Journal of Economic Behavior & Organization, Elsevier, vol. 42(2), pages 189-206, June.
- Stéphane Saussier, 2000. "Transaction costs and contractual incompleteness: the case of Électricité de France," Post-Print hal-02494056, HAL.
- R. Schmalensee & R. Willig (ed.), 1989. "Handbook of Industrial Organization," Handbook of Industrial Organization, Elsevier, edition 1, volume 1, number 1.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Hensher, David A. & Stanley, John, 2010. "Contracting regimes for bus services: What have we learnt after 20 years?," Research in Transportation Economics, Elsevier, vol. 29(1), pages 140-144.
- George Hendrikse & Patrick Hippmann & Josef Windsperger, 2015. "Trust, transaction costs and contractual incompleteness in franchising," Small Business Economics, Springer, vol. 44(4), pages 867-888, April.
- Canıtez, Fatih & Çelebi, Dilay, 2018. "Transaction cost economics of procurement models in public transport: An institutional perspective," Research in Transportation Economics, Elsevier, vol. 69(C), pages 116-125.
- Merkert, Rico & Hensher, David A., 2013. "Regulation, trust and contractual incentives around transport contracts – Is there anything bus operators can learn from public air service contracts?," Research in Transportation Economics, Elsevier, vol. 39(1), pages 67-78.
- Akse, Ruben & Veeneman, Wijnand & Marchau, Vincent & Ritter, Simone, 2023. "Governance of uncertainty in implementing mobility innovations: A comparison of two Dutch cases," Research in Transportation Economics, Elsevier, vol. 98(C).
- Nayan, Ashish & Wang, David Z.W., 2017. "Optimal bus transit route packaging in a privatized contracting regime," Transportation Research Part A: Policy and Practice, Elsevier, vol. 97(C), pages 146-157.
- Hrelja, Robert & Rye, Tom & Mullen, Caroline, 2018. "Partnerships between operators and public transport authorities. Working practices in relational contracting and collaborative partnerships," Transportation Research Part A: Policy and Practice, Elsevier, vol. 116(C), pages 327-338.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Paul Walker, 2013. "The ‘Reference Point’ Approach To The Theory Of The Firm: An Introduction," Journal of Economic Surveys, Wiley Blackwell, vol. 27(4), pages 670-695, September.
- Gooroochurn, Nishaal & Hanley, Aoife, 2007.
"A tale of two literatures: Transaction costs and property rights in innovation outsourcing,"
Research Policy, Elsevier, vol. 36(10), pages 1483-1495, December.
- Nishaal Gooroochurn & Aoife Hanley, 2006. "A Tale of Two Literatures: Transaction Cost and Property Rights in Innovation Outsourcing," Occasional Papers 17, Industrial Economics Division.
- Curtiss, Jarmila, 2012.
"Determinants of Financial Capital Use: Review of theories and implications for rural businesses,"
Factor Markets Working Papers
123, Centre for European Policy Studies.
- Curtiss, Jarmila, 2012. "Determinants of Financial Capital Use: Review of theories and implications for rural businesses," Working papers 122846, Factor Markets, Centre for European Policy Studies.
- Gibbons, Robert, 2005. "Four forma(lizable) theories of the firm?," Journal of Economic Behavior & Organization, Elsevier, vol. 58(2), pages 200-245, October.
- Kaplow, Louis & Shapiro, Carl, 2007.
"Antitrust,"
Handbook of Law and Economics, in: A. Mitchell Polinsky & Steven Shavell (ed.), Handbook of Law and Economics, edition 1, volume 2, chapter 15, pages 1073-1225,
Elsevier.
- Louis Kaplow & Carl Shapiro, 2007. "Antitrust," NBER Working Papers 12867, National Bureau of Economic Research, Inc.
- Kaplow, Louis & Shapiro, Carl, 2007. "Antitrust," Competition Policy Center, Working Paper Series qt9pt7p9bm, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
- Andersson, Thomas, 1991. "Approaches to Partnerships Causing Asymmetries Between Japan and the West," Working Paper Series 320, Research Institute of Industrial Economics, revised Feb 1992.
- McLaren, John, 1999.
"Supplier relations and the market context: A theory of handshakes,"
Journal of International Economics, Elsevier, vol. 48(1), pages 121-138, June.
- McLaren, J, 1996. "Supplier Relations and the Market Context : A Theory of Handshakes," Papers 766, Yale - Economic Growth Center.
- McLaren, John, 1996. "Supplier Relations and the Market Context: A Theory of Handshakes," Center Discussion Papers 28407, Yale University, Economic Growth Center.
- Mehrdad Vahabi, 1999.
"From Walrasian General Equilibrium to Incomplete Contracts: Making Sense of Institutions,"
Post-Print
halshs-03704424, HAL.
- Vahabi, Mehrdad, 2008. "From Walrasian general equilibrium to incomplete contracts : making sense of institutions," MPRA Paper 37887, University Library of Munich, Germany, revised 2002.
- Mehrdad Vahabi, 1999. "From Walrasian General Equilibrium to Incomplete Contracts: Making Sense of Institutions," Cahiers de la Maison des Sciences Economiques j99008, Université Panthéon-Sorbonne (Paris 1).
- Benjamin A. Olken & Patrick Barron, 2009.
"The Simple Economics of Extortion: Evidence from Trucking in Aceh,"
Journal of Political Economy, University of Chicago Press, vol. 117(3), pages 417-452, June.
- Olken, Benjamin & Barron, Patrick, 2007. "The Simple Economics of Extortion: Evidence from Trucking in Aceh," CEPR Discussion Papers 6332, C.E.P.R. Discussion Papers.
- Benjamin A. Olken & Patrick Barron, 2007. "The Simple Economics of Extortion: Evidence from Trucking in Aceh," NBER Working Papers 13145, National Bureau of Economic Research, Inc.
- Wheeler, Christopher H., 2008.
"Worker turnover, industry localization, and producer size,"
Journal of Economic Behavior & Organization, Elsevier, vol. 66(2), pages 322-334, May.
- Christopher H. Wheeler, 2004. "Worker turnover, industry localization, and producer size," Working Papers 2004-021, Federal Reserve Bank of St. Louis.
- Bruce Rasmussen, 2010. "Innovation and Commercialisation in the Biopharmaceutical Industry," Books, Edward Elgar Publishing, number 13680.
- Ari Van Assche, 2006. "Modularity and the Organization of International Production," CIRANO Working Papers 2006s-09, CIRANO.
- Daniel F. Spulber, 1992.
"Economic Analysis And Management Strategy: A Survey,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 1(3), pages 535-574, September.
- Spulber, Daniel F, 1992. "Economic Analysis and Management Strategy: A Survey," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 1(3), pages 535-574, Fall.
- Weiß, Christian, 2010. "The Ownership Concentration of Firms: Three Essays on the Determinants and Effects," EconStor Theses, ZBW - Leibniz Information Centre for Economics, number 30247, September.
- Inés Macho‐Stadler & Noriaki Matsushima & Ryusuke Shinohara, 2021.
"Organizational Structure and Technological Investment,"
Journal of Industrial Economics, Wiley Blackwell, vol. 69(4), pages 785-816, December.
- Inés Macho-Stadler & Noriaki Matsushima & Ryusuke Shinohara, 2019. "Organizational structure and technological investment," ISER Discussion Paper 1069rr, Institute of Social and Economic Research, Osaka University, revised Dec 2020.
- Inés Macho-Stadler & Noriaki Matsushima & Ryusuke Shinohara, 2021. "Organizational Structure and Technological Investment," Working Papers 1243, Barcelona School of Economics.
- Claudio A. Piga & Marco Vivarelli, 2004.
"Internal and External R&D: A Sample Selection Approach,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 66(4), pages 457-482, September.
- Claudio A. Piga & Marco Vivarelli, 2003. "Internal and External R&D: A Sample Selection Approach," Papers on Entrepreneurship, Growth and Public Policy 2004-05, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
- Christian Ruzzier & Ricard Gil, 2015. "’Make or Buy’ as Competitive Strategy: Evidence from the Spanish Local TV Industry," Working Papers 119, Universidad de San Andres, Departamento de Economia, revised Feb 2015.
- Ricard Gil & Christian A. Ruzzier, 2018. "The Impact of Competition on “Make-or-Buy” Decisions: Evidence from the Spanish Local TV Industry," Management Science, INFORMS, vol. 64(3), pages 1121-1135, March.
- Tor Winston, 2006. "Innovation and Ex Ante Consideration of Licensing Terms in Standard Setting," EAG Discussions Papers 200603, Department of Justice, Antitrust Division.
- Matsushima, Noriaki & Mizuno, Tomomichi, 2013.
"Vertical separation as a defense against strong suppliers,"
European Journal of Operational Research, Elsevier, vol. 228(1), pages 208-216.
- Noriaki Matsushima & Tomomichi Mizuno, 2009. "Vertical Separation as a Defense against Strong Suppliers," ISER Discussion Paper 0755, Institute of Social and Economic Research, Osaka University.
More about this item
Keywords
Contract Transaction costs Bus operations Contract ambiguity and clarity Completeness Survey of bus operators Trust Partnership;Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:retrec:v:29:y:2010:i:1:p:106-117. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/620614/description#description .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.