An analysis of the potential for on-track competition in the British passenger rail industry
An analysis of the potential for on-track competition in the British passenger rail industry
This paper undertakes a systematic review of the potential for on-track competition in the passenger railway industry in Great Britain, and concludes that some such competition is likely. A simulation model is developed and tested on an inter-city rail line. The findings in respect of different forms of competition are examined. It is concluded that on-track competition is unlikely to promote economic efficiency unless it leads to cost reductions and/or product differentiation.
77-94
Preston, J.M.
ef81c42e-c896-4768-92d1-052662037f0b
Whelan, G.
7bcf83db-96dc-4b9d-9b93-3a32d7c59656
Wardman, M.
dac1c559-253b-4595-bbb2-659a28e0a6ac
January 1999
Preston, J.M.
ef81c42e-c896-4768-92d1-052662037f0b
Whelan, G.
7bcf83db-96dc-4b9d-9b93-3a32d7c59656
Wardman, M.
dac1c559-253b-4595-bbb2-659a28e0a6ac
Preston, J.M., Whelan, G. and Wardman, M.
(1999)
An analysis of the potential for on-track competition in the British passenger rail industry.
Journal of Transport Economics and Policy, 33 (1), .
Abstract
This paper undertakes a systematic review of the potential for on-track competition in the passenger railway industry in Great Britain, and concludes that some such competition is likely. A simulation model is developed and tested on an inter-city rail line. The findings in respect of different forms of competition are examined. It is concluded that on-track competition is unlikely to promote economic efficiency unless it leads to cost reductions and/or product differentiation.
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Published date: January 1999
Organisations:
Transportation Group
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Local EPrints ID: 403196
URI: http://eprints.soton.ac.uk/id/eprint/403196
ISSN: 0022-5258
PURE UUID: 40c08025-8dbc-4a6e-bba5-1cb89bb4afc3
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Date deposited: 02 Dec 2016 11:58
Last modified: 16 Mar 2024 03:48
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Author:
G. Whelan
Author:
M. Wardman
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