Partnerschaftsprojekte zwischen öffentlichen und privaten Investoren versprechen effiziente Lösungen für die Realisierung öffentlicher Projekte. Theoretische Modelle lassen kostensenkende Effekte erwarten, ob sie tatsächlich eintreten, hängt von der Konzeption der Projekte und der Art der...

Abstract: Ein zentrales Defizit der derzeitigen Bereitstellung und Finanzierung der Bundesfernstraßen sind unzureichende bzw. nicht zeitgerecht erfolgende Kapazitätserweiterungsinvestitionen zur Engpassbeseitigung im Netz der Bundesautobahnen. Des Weiteren können eine zu kleinteilige...

With airport privatization and infrastructure expansion projects taking place in the liberalized European air transport market, airport and airline companies are critically reevaluating their vertical governance structures. This paper analyzes the comparative efficiency of vertical governance...

<title>Abstract</title> US airports negotiate legally binding contracts with airlines and finance large investment projects with revenue bonds. Applying insights from transaction cost economics, we argue that the observed variation in contractual and financing arrangements at US airports corresponds to the...

This book provides a balanced presentation of international trends in infrastructure regulation and financing. Based on recent developments in microeconomic theory, it comprehensively discusses the role of the state and the private sector in infrastructure provision.

This paper focuses on classifying market access for long-distance passenger rail services in Europe into three main models and discusses the advantages and disadvantages of each of these models. The “Tendered Concessions” model aims to introduce competition for the market by which operators...

With airport privatization and infrastructure expansion projects taking place in the liberalized European air transport market, airport and airline companies are critically reevaluating their vertical governance structures. This paper analyzes the comparative efficiency of vertical governance...