<p>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.</p>

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Efficiency versus security in the transportation security agency (TSA’s) public-private partnership program (PPP)

  • Michael Turtz,
  • Andrea Ramos

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.