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Workshop 7 report: Market initiative: Regulatory design, implementation and performance

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  • Preston, John
  • van de Velde, Didier

Abstract

This workshop reviewed recent good and bad practice with respect to market initiatives in public transport, with consideration of express coach, rail, local bus and unconventional modes. The options for market-led initiatives, and the associated regulatory requirements, were re-assessed with a new model posited, inspired by the ski-lift industry. It is recommended that more pro-active development (by operators, authorities and third parties) of new measures is required, particularly to permit service coordination and fare, ticketing and information integration.

Suggested Citation

  • Preston, John & van de Velde, Didier, 2016. "Workshop 7 report: Market initiative: Regulatory design, implementation and performance," Research in Transportation Economics, Elsevier, vol. 59(C), pages 343-348.
    • Handle: RePEc:eee:retrec:v:59:y:2016:i:c:p:343-348
    DOI: 10.1016/j.retrec.2016.10.010
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    References listed on IDEAS

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    1. van de Velde, Didier & Augustin, Katrin, 2014. "Workshop 4 Report: Governance, ownership and competition in deregulated public transport markets," Research in Transportation Economics, Elsevier, vol. 48(C), pages 237-244.
    2. van de Velde, Didier & Preston, John, 2013. "Workshop 3B: Governance, ownership and competition issues in deregulated (free market) public transport: Lessons that can be learnt from developed and developing economies," Research in Transportation Economics, Elsevier, vol. 39(1), pages 202-207.
    3. Veeneman, Wijnand & Smith, Andrew, 2014. "Workshop 1 Report: Developing an effective performance regime," Research in Transportation Economics, Elsevier, vol. 48(C), pages 62-66.
    4. van de Velde, Didier & Beck, Arne, 2010. "Workshop report - Beyond competitive tendering," Research in Transportation Economics, Elsevier, vol. 29(1), pages 145-151.
    5. van de Velde, Didier & Wallis, Ian, 2013. "‘Regulated deregulation’ of local bus services—An appraisal of international developments," Research in Transportation Economics, Elsevier, vol. 39(1), pages 21-33.
    6. van de Velde, D. M., 1999. "Organisational forms and entrepreneurship in public transport: classifying organisational forms," Transport Policy, Elsevier, vol. 6(3), pages 147-157, July.
    7. Preston, John, 2008. "Competition in transit markets," Research in Transportation Economics, Elsevier, vol. 23(1), pages 75-84, January.
    8. Sue Jaffer & David Thompson, 1986. "Deregulating express coaches: a reassessment," Fiscal Studies, Institute for Fiscal Studies, vol. 7(4), pages 45-68, November.
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    Cited by:

    1. Wong, Yale Z. & Hensher, David A., 2018. "The Thredbo story: A journey of competition and ownership in land passenger transport," Research in Transportation Economics, Elsevier, vol. 69(C), pages 9-22.
    2. van de Velde, Didier & Karl, Astrid, 2018. "Workshop 3 report: Market initiative regimes in bus, coach and rail: Recent developments, threats, developing paradigms and regulatory needs," Research in Transportation Economics, Elsevier, vol. 69(C), pages 254-259.

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    More about this item

    Keywords

    Market initiative; Competition; Incentives;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation

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