promising reform strategy may be to introduce competition into freight rail. Based on the Latin American experience, creating …South Korea, like many countries, is engaged in a policy debate concerning possible railways reforms. However, unlike … a second train company that would supply on-track competition to KTX trains. While such a policy may indeed lead to …

West, some "natural monopoly" sectors will require continued regulation to protect consumers from monopoly abuses. This … paper focuses on three aspects of the design of regulatory policy in these countries: the appropriate sectors for regulation …

The current level of competition in European commercial passenger rail markets is low and empirical data on customer … preferences in intramodal competition has hardly been available, yet. Our study raises the knowledge of competition in commercial … passenger rail by exploring the determinants of customers' choice behaviour on two cross-border routes, Cologne-Brussels and …

restructuring. This history is then applied to the freight railways sector, followed by a discussion of the current state of the … economists' treatment of network industries: from cost-of-service regulation through incentive regulation to vertical … debate on rail restructuring - what we term the European versus the American model, or vertical versus horizontal separation …