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- W2595909847 abstract "This PhD dissertation addresses the foundations of a detailed characterisation of rail capacity constraints from an economic perspective. Traditionally, railway capacity has been studied from the standpoint of engineering in a monopolistic world where capacity choices were considered as an organisational issue and set out in internal procedures. However, there is now a growing interest in analysing this issue from an economic perspective, specially regarding the ongoing deregulation tendency.Firstly, the definition of railway capacity constraints is presented from an engineering perspective via timetable design, a key element in matching supply and demand for planned transport services. A better understanding of timetable construction methods led to highlighting the implicit trade-offs between the capacity supplied and service quality in terms of reliability in the current graphic timetable construction processes in European infrastructure managers. Secondly, this technical vision of the engineer is combined with the economic vision developed for other modes of transport. It allows us to formulate a microeconomic model of the consumer generalized cost function, specific to the railway services. This model highlights the dual effects for the users of a higher frequency of rail traffic. It impacts the expected scheduled delay cost (Mohring effect) on the one hand, and a congestion effect linked to the intensive use of the network on the other. Once the detailed generalised cost function for train users has been determined, we develop an equilibrium model, by considering users’ behavior, operators’ costs and by describing how supply and demand interact under different market conditions. We analyse the interactions between demand and supply and show that, under some conditions, it is optimal from a welfare point of view to charge the cost of capacity constraints in order to internalize the negative external effects generated, and send the right price signals to economic operators. Nevertheless, in certain cases, an additional frequency generates a positive externality (Mohring effect), thereby justifying a subsidy to encourage using the railway line rather than increases access charges." @default.
- W2595909847 created "2017-03-23" @default.
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- W2595909847 date "2016-12-12" @default.
- W2595909847 modified "2023-09-28" @default.
- W2595909847 title "Rail Capacity constraints : an economic approach" @default.
- W2595909847 hasPublicationYear "2016" @default.
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