Privatization has increased the number of players in the decision-making process for major transport investment decisions. The main argument of this paper is that this fragmentation is creating opportunities for strategic decision-making by each actor and that this is particularly obvious in the...

In many countries and especially in Europe, railway reforms have fragmented the rail industries into one infrastructure manager and several rail operators, and raised new interest in railway short term adjustment, a procedure hitherto run inside the integrated historical operator. Often...