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Schedule Jockeying and Route Swamping: A Property Right Interpretation of British Bus Deregulation

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  • Klein, Daniel B.
  • Moore, Adrian T.

Abstract

The experience of British bus deregulation has resulted in less on-the-road competition than anticipated, and a high degree of industry concentration. We argue that the specific form of deregulation in Britain has created a property rights problem in the cultivation of passenger congregations at the curb. The result has been schedule jockeying and route swamping. From a property rights perspective, the disappointing results can be seen as a commons problem. A nuanced approach to property right at bus stops, permitting scheduled service to appropriate its investment in cultivating passenger congregations, and allowing freewheeling jitneys to compete on the route, could bring the benefits that many had expected from deregulation.

Suggested Citation

  • Klein, Daniel B. & Moore, Adrian T., 1995. "Schedule Jockeying and Route Swamping: A Property Right Interpretation of British Bus Deregulation," University of California Transportation Center, Working Papers qt53z7d31c, University of California Transportation Center.
    • Handle: RePEc:cdl:uctcwp:qt53z7d31c
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    References listed on IDEAS

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    1. Klein, Daniel B. & Moore, Adrian & Reja, Binjam, 1996. "Property Rights Transit: The Emerging Paradigm for Urban Transportation," University of California Transportation Center, Working Papers qt0wg0x1mt, University of California Transportation Center.
    2. Savage, Ian, 1993. "Deregulation and Privatization of Britain's Local Bus Industry," Journal of Regulatory Economics, Springer, vol. 5(2), pages 143-158, June.
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