A Framework for Assessing Public-Private Partnerships
INSTITUTIONS AND REGULATORY REFORM IN TRANSPORT, Piet Rietveld and Roger Stough, eds., Edward Elgar Publishers, 2006
21 Pages Posted: 8 Jan 2011 Last revised: 21 Jan 2011
Date Written: 2006
CosaNostra Pizza #3569 is on Vista Road just down from Kings Park Mall. Vista Road used to belong to the State of California and now is called Fairlanes, Inc. Rte. CSV-5. Its main competition used to be a U.S. Highway and is now called Cruiseways, Inc. Rte. Cal-12. Farther up the Valley, the two competing highways actually cross. Once there had been bitter disputes, the intersection closed by sporadic sniper fire. Finally, a big developer bought the entire intersection and turned it into a drive-through mall. Now the roads feed into a parking system – not a lot, not a ramp, but a system – and lose their identity. Getting through the intersection involves tracing paths through the parking system, many braided filaments of direction like the Ho Chi Minh trail. CSV-5 has better throughput, but Cal-12 has better pavement. That is typical – Fairlanes roads emphasize getting you there, for Type A drivers, and Cruiseways emphasize the enjoyment, for Type B drivers (Stephenson 1992).
Keywords: Framework, transportation, partnerships, public, private, network
JEL Classification: R40, R41, L33
Suggested Citation: Suggested Citation