Transport economics and policy analysis is a field which has seen major advances in methodology in recent decades. The transport sector has many unique characteristics - non-storability, economies of scale and scope, indivisibilities and the extensive production of positive and negative...

<title>Abstract</title> It is European Commission policy to charge modes of transport according to the marginal social cost of their use of the infrastructure, including environmental costs. However, progress in implementing this process has been slow, partly because of the difficulty of measuring and valuing...

This authoritative new collection gathers together the issues important to the understanding of the challenges and problems of modern rail transport.

Transport economics and policy analysis is a field which has seen major advances in methodology in recent decades, covering issues such as estimating cost functions, modelling of demand, dealing with externalities, examining industry ownership and structure, pricing and investment decisions and...

Separation of infrastructure from operations in rail transport raises the issue of what should be the structure and level of charges for infrastructure use. This paper outlines the solution adopted in Britain, and how it has developed. It concludes that the principle defect in the current system...

This paper compares the experience of three European countries with long experience of competition in rail transport – Britain, Sweden and Germany. Britain is characterised by complete separation of infrastructure from operations, competition either for or in the market for the entire...