The principal-agent problem in contracting public transport provision to private operators: A case study of the UK Quality Contract Scheme
(2020)
Journal Article
McTigue, C., Monios, J., & Rye, T. (2020). The principal-agent problem in contracting public transport provision to private operators: A case study of the UK Quality Contract Scheme. Utilities Policy, 67, Article 101131. https://doi.org/10.1016/j.jup.2020.101131
This study explores the principal-agent problem as part of a broader discussion of the challenges of privatising and outsourcing of public utilities. The research asks: how can a public transport authority (the principal) motivate bus operators (agen... Read More about The principal-agent problem in contracting public transport provision to private operators: A case study of the UK Quality Contract Scheme.