Structural reforms in the railways: Incentive misalignment and cost implications

In Europe, many countries have completely separated their railways into totally separate infrastructure managers and railway undertakings (train operators) and the European Commission has sought to make such complete vertical separation a legal requirement.

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Year of publication:	2014
Authors:	Nash, Chris A. ; Smith, Andrew S.J. ; van de Velde, Didier ; Mizutani, Fumitoshi ; Uranishi, Shuji
Published in:	Research in Transportation Economics. - Elsevier, ISSN 0739-8859. - Vol. 48.2014, C, p. 16-23
Publisher:	Elsevier
Subject:	Structure \| Railways \| Incentives \| Cost \| Transactions

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Type of publication:	Article
Classification:	D23 - Organizational Behavior; Transaction Costs; Property Rights ; L22 - Firm Organization and Market Structure: Markets vs. Hierarchies; Vertical Integration ; L24 - Contracting Out; Joint Ventures ; L92 - Railroads and Other Surface Transportation: Autos, Buses, Trucks and Water Carriers
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011115844