Preston, John; Whelan, Gerard; Nash, Chris; Wardman, Mark - In: International Review of Applied Economics 14 (2000) 1, pp. 99-112
Following the 1993 Railways Act, British Rail's passenger business was spilt into 25 train operating units, which have been privatised by a process of franchising. This paper will review the franchising experience to date. First, the results of 38 in-depth interviews with potential bidders for...