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Workshop 2 report: Effective institutional design, regulatory frameworks and contract strategies

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  • Veeneman, Wijnand
  • Smith, Andrew

Abstract

This paper describes the progress of world-wide research on institutional design, both on the level of the regulatory regime as well as on the level of the governance of the relation between authority and operator of public transport services. Tendering has found its way into regulatory frameworks and has become a mainstay of governance. A first conclusion is that tendering has become mature, with consequences for existing and new implementations, with refined and contextual lessons coming from research. A second conclusion shows that governance design should intelligently balance including power and control oriented elements with empathic and cooperation oriented elements. A first framework for the analysis of this balance is provided in this paper.

Suggested Citation

  • Veeneman, Wijnand & Smith, Andrew, 2016. "Workshop 2 report: Effective institutional design, regulatory frameworks and contract strategies," Research in Transportation Economics, Elsevier, vol. 59(C), pages 60-64.
    • Handle: RePEc:eee:retrec:v:59:y:2016:i:c:p:60-64
    DOI: 10.1016/j.retrec.2016.10.003
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    References listed on IDEAS

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    1. Fumitoshi Mizutani & Andrew Smith & Chris Nash & Shuji Uranishi, 2015. "Comparing the Costs of Vertical Separation, Integration, and Intermediate Organisational Structures in European and East Asian Railways," Journal of Transport Economics and Policy, University of Bath, vol. 49(3), pages 496-515, July.
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    Cited by:

    1. Wegelin, Philipp, 2018. "Is the mere threat enough? An empirical analysis about competitive tendering as a threat and cost efficiency in public bus transportation," Research in Transportation Economics, Elsevier, vol. 69(C), pages 245-253.
    2. Wong, Yale Z. & Hensher, David A., 2018. "The Thredbo story: A journey of competition and ownership in land passenger transport," Research in Transportation Economics, Elsevier, vol. 69(C), pages 9-22.

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