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Contents: 1. Railway regulation: A comparative analysis of a diverging reality / Juan Montero and Matthias Finger -- 2 …. Railway regulation in Germany / Thomas Fetzer -- 3. The ongoing process of liberalization of the railway sector in France … / Stéphane de la Rosa -- 4. Developments in rail regulation in britain / Chris Nash and Andrew Smith -- 5. Railway regulation in …
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Naturally monopolistic network industries are subject to regulation of access to market and charging in order to … achieve optimal use of infrastructure and avoid the abuse of monopoly power. Relatively little is known what results does such … regulation generate and whether it achieves objectives. Literature states that due to the context-specific nature of regulatory …
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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...
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We provide a model of local railway passengers service able to account for the main specific characteristics of the sector under vertical separation. Afterwards, we use this model to carry out both a normative analysis of the operators’ investment decisions and an assessment of the welfare...
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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 …
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