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coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …
Persistent link: https://www.econbiz.de/10010423547
This paper studies access pricing under three regimes: regulated access (VSR), negotiated access with discriminatory pricing (VSD) and negotiated access with non-discriminatory pricing (VSN). We compare each regime along three metrics: network quality, consumer surplus, and social welfare. To do...
Persistent link: https://www.econbiz.de/10012895972
The dissertation attempts to see whether liberalizing Pakistan’s national rail transport system will enable the latter to grow sustainably. First an assessment of existing literature on the subject was conducted. Then Pakistan’s national rail transport system is studied in a multi-facet...
Persistent link: https://www.econbiz.de/10014161007
Almost a decade after Argentina began privatizing its railways, resolution of the conflicts between regulators, users and operators continues to take longer, and to be more difficult than expected. This paper shows that many of these conflicts arose because there are no rule of interactions...
Persistent link: https://www.econbiz.de/10014122320
Many European countries have sought to increase the efficiency of national railroad companies through a range of reforms: separating infrastructure and operations, creating independent regulatory institutions and providing access to the network to third parties. To estimate the effects of...
Persistent link: https://www.econbiz.de/10014073305
The Interstate Commerce Commission (ICC) is a classic example of regulation, and the origins and operation of this … agency have been much analyzed. These have been variously described as examples of public interest regulation, capture … regulation, and what I have called predatory regulation. By predatory regulation I mean that the agency (or law) is created …
Persistent link: https://www.econbiz.de/10013298509
Although many economic and business historians have examined how American railroads colluded to raise rates or limit service, they have paid less attention to the many ways railroads cooperated to exchange cars and freight between companies and build needed interconnections. This article...
Persistent link: https://www.econbiz.de/10015051915
This paper presents a game-theoretic model of a liberalized railway market, in which train operation and ownership of infrastructure are vertically separated. We analyze how the regulatory agency will optimally set the charges that operators have to pay to the infrastructure manager for access...
Persistent link: https://www.econbiz.de/10013069290
The Russian Federation is in the process of making major structural changes to its railway and electricity sectors. Both sectors will be at least partly vertically disintegrated, with the aim of creating competition in the "upstream" sector while maintaining state ownership and control of the...
Persistent link: https://www.econbiz.de/10014075403
This paper explores the access charge for the use of the Italian rail infrastructure. Access problems arise when the provision of a complete service to end users requires the combination of two or more inputs, one of which is non-competitive (OECD, 2004). It is a well-known fact that excessive...
Persistent link: https://www.econbiz.de/10010222818