The Effect of Privatization on Public Transit Costs

Karlaftis, M; McCarthy, P

dc.contributor.author	Karlaftis, M	en
dc.contributor.author	McCarthy, P	en
dc.date.accessioned	2014-03-01T01:48:24Z
dc.date.available	2014-03-01T01:48:24Z
dc.date.issued	1999	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/25469
dc.subject	Cost Efficiency	en
dc.subject	Local Governance	en
dc.subject	Profit Maximization	en
dc.subject	Quality of Service	en
dc.title	The Effect of Privatization on Public Transit Costs	en
heal.type	journalArticle	en
heal.identifier.primary	10.1023/A:1008179629733	en
heal.identifier.secondary	http://dx.doi.org/10.1023/A:1008179629733	en
heal.publicationDate	1999	en
heal.abstract	In an effort to reduce operating deficits, increase productivity, and improve the quality of services, the public transit sector has been moving away from public ownership and operation and towards a franchising arrangement whereby a local government authorizes a private firm to manage and operate the city's public transit system. Profit maximization considerations imply that private managers have stronger incentives	en
dc.identifier.doi	10.1023/A:1008179629733	en