In recent years, a variety of organizational models for infrastructure have been developed, tested, succeeded/failed, and been re-launched. Among the standard policies have been privatization and unbundling of formerly vertically integrated industries; more recently, concessions for specific parts of the value-added chain and public-private-partnerships (PPP)
have gained momentum. All these organizational forms imply specific forms of contracts between agents, implying specific problems inherent to such relationships (as analyzed by transaction cost and principal-agent theory).
This year’s Conference on Applied Infrastructure Research addresses theoretical and practical experiences with different organizational models in (regulated) infrastructure sectors.
