- Jahrgang 10 (2015), Ausgabe 2
- Vol. 10 (2015), Nr. 2
- >
- Seiten 72 - 82
- pp. 72 - 82
The Public Infrastructure Provision Toolbox within the Framework of the New Institutional Economics
The present paper analyzes the attributes of property rights and transaction cost underlying the development of the submodels in Public Infrastructure Provision (hereinafter PIP), which help to create the overall organizational model for the relevant projects. The paper also addresses the question of how a shift from one attribute of the property rights and transaction cost to another can lead to a change in the organizational model. In fact, the paper introduces the PIP in a new light analyzing the factors developing the submodels of the relevant projects. The adopted approach gives an opportunity to develop the most efficient organizational model for a relevant field by identifying and defining the most suitable attributes for the projects in the sphere.
