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Times Higher Education Supplement
Gómez-Ibáñez uses a rich set of case studies to analyse how and why...different institutional designs are chosen and reformed. The author's range is exceptionally wide: Sri Lanka, the U.S., Britain and Argentina; he tackles telecommunications, railroads, airlines, electricity, buses and water; and spans time periods from the 1950s to today. The result is a remarkable array of examples, information and analyses. In explaining institutional design, he offers a series of fascinating arguments using opportunism and transaction-cost analysis as a starting point rather than as a constraining simplifying theme.
— Mark Thatcher