Transaction costs, relational contracting and public private partnerships: a case study of UK defence

By David W. Parker, K. Hartley. 2003

270 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/70503e6442f7a172c48c2460bb10865584609003

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Citations in the corpus

The Uk's Privatisation Experiment: The Passage of Time Permits a Sober Assessment (2004, unknown): “…taxpayers from PPPs remains highly uncertain, especially since government may raise capital more cheaply than the private sector (Economist, 2003; Parker and Hartley, 2003).25 Meanwhile, one major privatisation under Labour using a PPP, the selling-off of the Civil Aviation Authority’s National…”
Public procurement and EU tendering directives – explaining non‐compliance (2006, background): “The case study of UK defence by Parker and Hartley (2003) highlighted that military personnel do not necessarily behave efficiently, because they neither share in any profits from efficient behaviour or experience losses from poor performance.”
The dynamics of contractual and relational governance: Evidence from long-term public–private procurement arrangements (2008, unknown): “PPP/PFI contracts are complex (typically consisting of multiple agreements covering the design, building, finance and operation phases of a project) and incomplete (parties cannot specify legally enforceable safeguards for the vast number of future contingencies at the outset of a 30 years relations”
What makes public-private partnerships work? Survey research into the outcomes and the quality of cooperation in PPPs (2018, background): “So, trust can be seen as an efficient way to lower transaction costs in collaborations (Parker and Hartley 2003).”
A life‐cycle risk management framework for PPP infrastructure projects (2008, background): “…risk factors for successful PPP projects have also been probed and investigated (Wang et al., 2000, Jefferies et al., 2002, Lane et al., 2003; Parker and Hartley, 2003; Robinson et al., 2004, Li et al., 2005; Grimsey and Lewis, 2005; Zhang, 2005; Australian Government Department of Finance…”
Public Private Partnerships and Public Procurement (2007, unknown): “• Parker and Hartley (2003) record claims that PPP contracts for UK defence services have resulted in cost savings between 5 per cent and 40 per cent compared with conventional public procurement, although the authors question whether these apparent cost savings will be realised due to…”
Are Public Private Partnerships value for money? (2005, background): “Parker and Hartley (2003)record claims that PPP contracts for UK defence services have resulted in cost savings between 5 and 40 percent compared with conventional public procurement, although the authors are concerned as to whether these apparent cost savings will be realized over the projects’…”