Whilst there is a long tradition of economic analysis of charging for the use of road infrastructure, the situation relating to rail is quite different. In most cases until recently railways have been integrated organisations with the same body responsible for infrastructure and operations. Rail...

The aim of this paper is to examine the feasibility of identifying an appropriate rail scarcity charge which would make operators pay for their use of rail capacity in line with the opportunity cost of the use of these slots and to give some idea of the likely effects of such charges. The way in...

This book is the latest annual review of utility regulation and deregulation, published in association with the Institute of Economic Affairs and the London Business School

This paper develops a methodology to assess transport infrastructure investments and their effects on a Nash equilibria taking into account competition between multiple privatized transport operator types. The operators, including high-speed rail, hub and spoke legacy airlines and low cost...

This paper first considers the role of appraisal in rail systems, and shows how this extends far beyond simply appraising investment projects to considering long run strategy, renewals, quality of service and closures. It then discusses the particular issues which make rail appraisals complex,...

The separation of purchaser and provider requires identification of the respective roles and responsibilities of the two parties. In the spirit of previous Thredbo conferences, we saw it as clear government should be responsible for strategy and operators for operations. That left, as always,...