This paper reports the findings of an economic evaluation of fares regulation options for Britain's railways. The evaluation is based on the development of an econometric demand model based on a large scale survey of passenger preferences. The model was applied to comprehensive case study analysis of candidate fares regulation options based on the notion of a 'fares basket' and it was found that for any given price cap, any specific objective of revenue generation will be attained with lower welfare penalty if the basket is defined widely rather than narrowly.Rail fares regulation Fares basket Demand modelling
Many British people find the cost of rail travel a barrier for this mode of transport. Other Europea...
The authors thank NSR (Netherlands Railways) for providing data on cost of opera-tions. Harry van Oo...
The results of a study commissioned by the UK Department for Transport to investigate the impact of ...
This paper reports the findings of an economic evaluation of fares regulation options for Britain’s ...
INTRODUCTION The railways in Britain have a long history of using price discrimination backed up wi...
Based on the modern theory of regulation, the analysis aims to characterize the effective economic r...
Based on the modern theory of regulation, the analysis aims to characterize the effective economic r...
Great Britain has a railway industry which appears to be a rare case study within an international c...
Railway networks are characterised by variations in demand on different links. Optimal strategies th...
This study tries to establish the link between the well-developed economic theory of optimal pricing...
In recent decades, railway passenger transport enterprises have been exploring numerous operation an...
Direct demand models estimated to ticket sales data have for many years provided evidence on how key...
The Strategic Rail Authority (SRA) provides the backbone to rail regulation in Great Britain. As par...
Nederlandse Spoorwegen (NS) is concerned with the efficient utilization of the rail network at peak ...
Sweden has been a front runner in vertical separation. We use data from the business long-distance c...
Many British people find the cost of rail travel a barrier for this mode of transport. Other Europea...
The authors thank NSR (Netherlands Railways) for providing data on cost of opera-tions. Harry van Oo...
The results of a study commissioned by the UK Department for Transport to investigate the impact of ...
This paper reports the findings of an economic evaluation of fares regulation options for Britain’s ...
INTRODUCTION The railways in Britain have a long history of using price discrimination backed up wi...
Based on the modern theory of regulation, the analysis aims to characterize the effective economic r...
Based on the modern theory of regulation, the analysis aims to characterize the effective economic r...
Great Britain has a railway industry which appears to be a rare case study within an international c...
Railway networks are characterised by variations in demand on different links. Optimal strategies th...
This study tries to establish the link between the well-developed economic theory of optimal pricing...
In recent decades, railway passenger transport enterprises have been exploring numerous operation an...
Direct demand models estimated to ticket sales data have for many years provided evidence on how key...
The Strategic Rail Authority (SRA) provides the backbone to rail regulation in Great Britain. As par...
Nederlandse Spoorwegen (NS) is concerned with the efficient utilization of the rail network at peak ...
Sweden has been a front runner in vertical separation. We use data from the business long-distance c...
Many British people find the cost of rail travel a barrier for this mode of transport. Other Europea...
The authors thank NSR (Netherlands Railways) for providing data on cost of opera-tions. Harry van Oo...
The results of a study commissioned by the UK Department for Transport to investigate the impact of ...