This paper reports the findings of an economic evaluation of fares regulation options for Britain's railways. The evaluation is based on the development of an econometric demand model based on a large scale survey of passenger preferences. The model was applied to comprehensive case study...

The paper provides a comprehensive review of a large amount of previously unpublished British evidence about the valuation of new railway rolling stock and its effects on demand. An important conclusion is that incentives to bias Stated Preference responses and unfamiliarity with the rolling...

This chapter revisits cross-sectional models of rail travel demand, a much neglected area in recent years, by covering three developments in the context of inter-urban travel. First, the models are extended to allow a detailed analysis of catchment areas; the ticket-sales data that are used to...

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...

It has been suggested that speed limiters will have the most impact on vehicle speeds and hence road safety in general. Whilst it is technically feasible to develop a functional speed control system, it may be more difficult to design a system that drivers actually wish to use. It is essential...