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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Persistent link: https://EconPapers.repec.org/RePEc:nex:wpaper:transportist-2024-platform-8

DOI: 10.3390/urbansci8040245

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