Part I. On the Virtues of Public Provision (Agency-Based Approaches): Agency-Based Arguments Against Privatization; 1. The Wrong of Privatization: A Kantian Account Chiara Cordelli; 2. Privatization, Efficiency, and the Distribution of Economic Power Louis-Philippe Hodgson; 3. Public and Private Ownership in Plato and Aristotle Jonny Thakkar; Specific Arguments Against Privatization; 4. Privatizing Criminal Punishment: What Is at Stake? Malcolm Thorburn; 5. Justice and the Market Assaf Sharon and Shai Agmon; 6. Outsourcing Border Control: Public Agency and Action in Migration Ashwini Vasanthakumar; Objections to Agency-Based Approaches; 7. The Moral Neutrality of Privatization as Such Alexander Volokh; Part II. On the Virtues of Publicness as a Means to the Realization of Procedural Values (Process-Based Theories): 8. Privatizing Social Services Martha Minow; 9. Privatization, Constitutional Conservatism, and the Fate of the American Administrative State Jon D. Michaels; 10. Privatization and the Intimate Sphere Brenda Cossman; Part III. Outcome-Based Theories: On the Virtues and Vices of Public Provision as a Means to Promote Efficiency and Justice: 11. Privatization of Legal Institutions Talia Fisher; 12. On Privatizing Police, with Examples from Japan J. Mark Ramseyer; 13. Privatization of the Police Hans-Bernd Schäfer and Michael Fehling; 14. Privatizing Private Data Lisa Herzog; 15. Political Connections, Corruption, and Privatization: Who Gains from Privatization? Mariana Mota Prado; 16. Privatization of Regulation: Promises and Pitfalls Yael Kariv-Teitelbaum; 17. Privatization of Accounting Standard-Setting Israel Klein.

"The outcome-based approach assesses the privatization of the provision of a good or a service by reference to the quality or quantity of its provision. Private provision is desirable when private entities make better - more efficient, just, etc.- decisions with respect to the relevant good/service than public entities. The most influential outcome-based approach is the economic theory which typically considers the merits of privatization on efficiency-based grounds. Alternatively, it can be argued that public entities have valuable process-related properties; for instance, public institutions, are more accountable, transparent, and answerable to their beneficiaries and other constituents. A process-based approach focuses its attention on the decisionmaking procedures, in particular, the reasoning of the institution rather than on outcomes. Finally, some theorists maintain that the identity of the agent itself may matter. For instance, it is claimed that being a private or a public entity is crucial for the very possibility of engaging in certain enterprises, e.g., legislation or the imposition of criminal punishment as these are agent-dependent practices; their success hinges on the identity of the agent"--