Institutional Frameworks, Regulatory Agencies and the Land Passenger Transport Industry: Reflections on Recent Evolutions

This chapter presented a conceptual contour of the analysis of institutional evolution based on observations of urban mobility markets in recent decades. A major conclusion of this reflection is that there is a high correlation between regulatory evolution and institutional behavior, with the latter being largely dependent on the profile of the institution as presented in previous chapters of the book. This chapter also provided evidence of the level of complexity entailed in these systems. But complexity does not result only from the dynamic character of the urban mobility systems, as measure by its capacity change. Complexity results also from the fact that movements of change, and associated generation of barriers, are made simultaneously at system level and also at agent level, affecting the diversity of principal-agent relationships. Research conducted this far enables the development of a conceptual framework for observation and understanding of barriers to regulatory change in complex network systems such as urban mobility. However, the number of cases where change has been consolidated and information is available to compare ex-ante with ex-post situations are extremely small, leaving thus the conceptual framework presented herewith for later field validation and further development of tools to counteract the identified barriers.

Language

  • English

Media Info

  • Media Type: Print
  • Features: Figures; References;
  • Pagination: pp 541-558
  • Monograph Title: Competition and Ownership in Land Passenger Transport

Subject/Index Terms

Filing Info

  • Accession Number: 01003308
  • Record Type: Publication
  • ISBN: 0080445802
  • Files: TRIS
  • Created Date: Aug 25 2005 11:04AM