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Fjord crossings by ferries are vital in the Norwegian trunk road system. The ferries areoperated by ferry companies, each ferry company being a monopolist on a bundle ofcrossings. The government regulates prices and service frequencies and awards subsidies tothe companies in order to make the...
Persistent link: https://www.econbiz.de/10009480012
In this paper we provide a yardstick for measuring the performance of ferries involved in theNorwegian trunk road system. We establish a best practice frontier from which individualferries are measured against. The potentials for efficiency improvements can then be derivedgiving the decision...
Persistent link: https://www.econbiz.de/10009480116