The adequate availability of infrastructure and its related services, is mandatory condition for further development of the country's competitive advantages, intensifying the productive specialization. Due to limited financial capacity, in the course of the last three decades, there have been an...

The Russian economy relies on the Russian freight railways to an extraordinary degree. In 2001, after years of debate, the Russian government adopted an ambitious plan to transform this vertically integrated, government owned monopoly into a system that would rely more on private investment and...

The duality between cost and production function can be a key point to explore regulation process in Agent-Principal model because the Principal observes outputs in inputs and has asymmetric information about the cost by the Agent. This paper investigates the properties of production functions...

The adequate availability of infrastructure and its related services, is mandatory condition for further development of the country's competitive advantages, intensifying the productive specialization. Due to limited financial capacity, in the course of the last three decades, there have been an...

The Europeanisation of public services is frequently considered to have created pressure for Member States to progressively converge towards a new dominant organisational model, based on deregulation, de-integration and privatization. However, while in some sectors (eg. electricity,...

In this paper, we study how maritime ferry industries should be regulated. This is a fundamental issue in so far as maritime transport between islands and mainland is a service of general interest. We argue that the policy design crucially depends on the goals the collectivity pursues (pure...

In this paper we attempt to shed some light on the way the regulation of public transit systems has been approached in the past and is presently addressed in Italy. The reduction of x-inefficiency represents a great challenge for the local authorities, given the high operating costs faced by the...

This paper investigates various options for the organization of the railway industry when network operators require the access to multiple national networks to provide international (freight or passenger) transport services. The EU rail system provides a framework for our analysis....

Contract theory claims that renegotiation prevents attainment of the efficient solution that could be obtained under full commitment. Assessing the cost of renegotiation remains an open issue from an empirical viewpoint. We fit a structural principal-agent model with renegotiation on a set of...

This paper presents a theoretical network programming formulation of the extended gateway concept in port hinterland container logistics. The model represents a novel extension of the inward interport model developed by Iannone and Thore (2010), as it simultaneously incorporates economic,...