Efficiency versus security in the transportation security agency (TSA’s) public-private partnership program (PPP)
摘要
Do public-private partnerships (PPPs) create more efficiency in a public organization? This review examines this issue with respect to Transaction Cost Theory (TCT) and privatization when the Transportation Security Agency started the Screening Partnership Program (SPP), a public-private partnership that hired private screening companies. First, there is an argument that privatization increases efficiency. Although a counterclaim is that privatization brings risks greater than efficiency.