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literature on optimal contracting and optimal incentives and on PPP best practice. The paper concludes that the Metro seems to …
Persistent link: https://www.econbiz.de/10010868646
Award procedures, contract designs and the scope of contracts vary widely in public transport (PT). Notwithstanding obvious improvements of the technical quality, many authorities are not fully satisfied with the outcome of their tendered contracts. Dissatisfaction with patronage development and...
Persistent link: https://www.econbiz.de/10011115821
Since 2011, very significant developments have occurred in the procurement and contracting of bus services in major …
Persistent link: https://www.econbiz.de/10011115822
Following the Office of Fair Trading's review of the British deregulated bus market as a whole in 2009, the issues raised were referred to the Competition Commission. Its final report was published in December 2011. Subsequently, the House of Commons Transport Committee carried out an enquiry...
Persistent link: https://www.econbiz.de/10011115845
This paper discusses some problems in determining the optimal use of road safety measures. The first of these problems is how best to define the baseline option, i.e. what will happen if no new safety measures are introduced. The second problem concerns choice of a method for selection of...
Persistent link: https://www.econbiz.de/10011115809