The author examines recent proposals of the U.K. government concerning the franchising of passenger rail services. These are shown to create local monopolies. Subsidy minimization, which is proposed by the government, is shown to be a perverse method of pursuing environmental aspects of rail policy. Chadwick-Demsetz franchising is examined as an alternative franchising scheme. Copyright 1993 by Scottish Economic Society.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Volume (Year): 40 (1993) Issue (Month): 4 (November) Pages: 420-33 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Related research
Keywords:
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)