The Governance of Network Industries

Künneke, Rolf W.; Groenewegen, John; Auger, Jean‐François

doi:10.4337/9781849802178

Cited by 14 publications

(2 citation statements)

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“…Strategic behaviour is rife in institutional environments that are undergoing transition and/or where rules of the game have been formulated in ambiguous and contradictory fashions (Künneke and Groenewege 2005;Künneke, Groenewegen and Auger 2009;ten Heuvelhof e.a. 2009).…”

Section: Implications For Europementioning

confidence: 99%

A Typology of Strategic Behaviour in PPPs for Expressways: Lessons from China and Implications for Europe

Jong

Heuvelhof

2010

European Journal of Transport and Infrastructure Research

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In line with governance trends around the world, a growing number of expressways in the People’s Republic of China are managed as Public-Private Partnerships (PPPs). The tremendous growth in demand for mobility in newly emerging economies has led to a gap between investment needs and available public funding. Using private funds is potentially helpful in closing this gap and accommodating the social and economic needs of motorization. By some, it is also hoped that contracting-out and involvement of the private sector will lead to higher transparency and accountability. However, in line with what has been found in various transport infrastructure modes, during uncertain and hazy transition periods that arise after infrastructure reforms, many forms of potentially pernicious strategic behaviour can pop up. Strategic behaviour emerges from information a-symmetry between private and public players, where the former act as agents and the latter as principals. In this article, China’s evidence on various types of strategic behaviour in the management of expressways is found. Several PPP projects for expressways in China are investigated empirically. And conclusions are drawn as to what possible cures are effective countermeasures of strategic behaviour, and what are the implications for Europe.

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Section: Implications For Europementioning

confidence: 99%

A Typology of Strategic Behaviour in PPPs for Expressways: Lessons from China and Implications for Europe

Jong

Heuvelhof

2010

European Journal of Transport and Infrastructure Research

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“…Throughout, the asset is a physical asset, and the specific investment is in human capital. For example, if only one agent has an investment, they should own all assets 319 , if more than one agent has an investment, underinvestment is unavoidable. 320 Also, there should be no shared control 321 and complementary assets should be owned by the same person.…”

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confidence: 99%

The Transaction Costs of Semi-Public Institutions: Railway History as a Challenge for Coase

Holterman

2011

SSRN Journal

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Reconciling Multiple Objectives – Politics or Markets?

Anderson

Baqer

2017

Security Protocols XXV

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In this paper we argue that the evolution of protocols is one of the most important yet least understood aspects of the governance of information systems. At the deepest level, security protocols determine the power structure of a system: who can do what with whom. The development, adoption, spread and evolution of protocols, and competition between them, are both political and economic activities. They may reconcile multiple objectives or be the battlefield in which one interest defeats another. They occur at all levels in the online ecosystem, from individual and small-firm action, up through organisations and networks to whole ecosystems-and may eventually play a role in shaping culture, values and norms. They play a key role in innovation: early movers may use protocols to establish a strategic advantage and lock competitors out. How can we understand such complex behaviour? In this paper we sketch a possible framework inspired by research in institutional economics.

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The Governance of Network Industries

Cited by 14 publications

References 0 publications

A Typology of Strategic Behaviour in PPPs for Expressways: Lessons from China and Implications for Europe

A Typology of Strategic Behaviour in PPPs for Expressways: Lessons from China and Implications for Europe

The Transaction Costs of Semi-Public Institutions: Railway History as a Challenge for Coase

Reconciling Multiple Objectives – Politics or Markets?

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