Connected Institutions: Using Platform Powers to Advance Transport
David Levinson ()
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David Levinson: TransportLab, School of Civil Engineering, University of Sydney
Working Papers from University of Minnesota: Nexus Research Group
Abstract:
*This perspective paper analyzes selected policy strategies for transforming transport.* It identifies four primary objectives: enhance economic efficiency, increase equity, reduce negative externalities, and improve the user experience (the “4Es†). It then develops the framework of **persuasion, police, purse, and platform powers (4Ps)** available to governments to achieve these objectives. Through a series of cases, the paper illustrates the use of these powers—especially the underappreciated platform power of establishing technical standards, which serve as the key technology for connecting institutions—showing how technical standards transform transport and enable new opportunities. *By populating a matrix of aims versus tools, and highlighting platform powers, the paper proposes how leveraging the 4Ps can lead to more connected, equitable, and user-centered transport systems*.
Keywords: standards; investment; taxation; regulation; exhortation (search for similar items in EconPapers)
JEL-codes: R40 (search for similar items in EconPapers)
Date: 2024
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Published in Urban Science 2024, 8(4), 245 (December 4, 2024)
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https://doi.org/10.3390/urbansci8040245 First version, 2024 (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:nex:wpaper:transportist-2024-platform-8
DOI: 10.3390/urbansci8040245
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