Affordable Access

Privatizing Highways in the United States

  • Political Science


We review the experience of both private toll-roads built in the United States during the 1990s, and argue that the problems they encountered could have been avoided if the length of the franchise contract would adapt to demand realizations. We also argue in favor of adjudicating private toll-roads via BOT-type contracts in competitive (Demsetz) auctions. The lessons of this paper are relevant since growing congestion and troubled government finances have made private toll-roads increasingly attractive in the United States. Copyright Springer 2006

There are no comments yet on this publication. Be the first to share your thoughts.


Seen <100 times

More articles like this

Privatizing health care is not the answer: lessons...

on CMAJ : Canadian Medical Associ... Oct 21, 2008

Residential proximity to major highways - United S...

on Morbidity and mortality weekly... Nov 22, 2013

Privatizing Social Security in the United States—C...

on Review of Economic Dynamics Jan 01, 1999
More articles like this..