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Transport pricing and Public-Private Partnerships in theory: Issues and Suggestions

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  • Evenhuis, Emil
  • Vickerman, Roger

Abstract

This chapter offers a theoretical examination of the following questions: what are the issues that arise when Social Marginal Cost Pricing is to be incorporated in Public-Private Partnerships (PPPs); and how may these issues be dealt with? We first briefly discuss Public-Private Partnerships in transport: what are the defining characteristics and what are the main types that exist in the different modes of transport? Next we consider the economics of Public-Private Partnerships, in particular from the viewpoint of incentives. Subsequently we identify and examine the issues that arise when Social Marginal Cost Pricing is to be incorporated in PPPs as a regulation with regard to pricing in the transport sector. Lastly, we investigate the possibilities of resolving these issues.

Suggested Citation

  • Evenhuis, Emil & Vickerman, Roger, 2010. "Transport pricing and Public-Private Partnerships in theory: Issues and Suggestions," Research in Transportation Economics, Elsevier, vol. 30(1), pages 6-14.
    • Handle: RePEc:eee:retrec:v:30:y:2010:i:1:p:6-14
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    1. David Martimort & Flavio Menezes & Myrna Wooders & ELISABETTA IOSSA & DAVID MARTIMORT, 2015. "The Simple Microeconomics of Public-Private Partnerships," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 17(1), pages 4-48, February.
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    Cited by:

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    2. Rodrigo Nobre Fernandez & Helton Saulo & André Carraro & Fabricio Tourrucôo & Ronald Hillbrecht, 2018. "Public-Private Partnership Contractual Design: A Computational Model of the Moral Hazard with Lotteries," Public Organization Review, Springer, vol. 18(1), pages 39-51, March.
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    5. Zhang, Zitao (Arthur) & Durango-Cohen, Pablo L., 2012. "A strategic model of public–private partnerships in transportation: Effect of taxes and cost structure on investment viability," Research in Transportation Economics, Elsevier, vol. 36(1), pages 9-18.
    6. Yanhua Du & Jun Fang & Yongjian Ke & Simon P Philbin & Jingxiao Zhang, 2019. "Developing a Revenue Sharing Method for an Operational Transfer-Operate-Transfer Project," Sustainability, MDPI, vol. 11(22), pages 1-19, November.
    7. Rouhani, Omid M. & Niemeier, Debbie & Knittel, Christopher R. & Madani, Kaveh, 2013. "Integrated modeling framework for leasing urban roads: A case study of Fresno, California," Transportation Research Part B: Methodological, Elsevier, vol. 48(C), pages 17-30.
    8. Rouhani, Omid M. & Oliver Gao, H. & Richard Geddes, R., 2015. "Policy lessons for regulating public–private partnership tolling schemes in urban environments," Transport Policy, Elsevier, vol. 41(C), pages 68-79.

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