Open access for railways and transaction cost economics ¬タモ Management perspectives of Australia's rail companies
نویسندگان
چکیده
With the aim to improve efficiency and value for money, in addition to tendered services the European Commission approach to rail organisation allows substantial open access rail services in both passenger and freight operations. This paper investigates, from a transaction cost perspective, whether the European approach is applicable to the Australian context, and more generally to all regions and types of operation. A key focus of this paper is on vertically integrated railways owned by mining companies who are increasingly encouraged to provide open access to their competitors. In addition to the policy perspective, our discussion also includes the views of senior rail managers. © 2014 Elsevier Ltd. All rights reserved.
منابع مشابه
تحلیلی بر وجوه نهادی مدیریت ریسک در صنعت بیمه مبتنی بر رویکرد اقتصاد هزینه مبادله
While many studies have been conducted regarding the analysis and risk assessment in the insurance, less attention has been paid to cognitive and objective aspects of uncertainty concept. The role of insurance companies to cover existing uncertainty in the framework of legal contracts can be crystallized. Thus, the measurement unit of dealing between insurer and insured is transaction. Imper...
متن کاملIntegration of Infrastructure and Transport: an Assessment from Industrial Economics and Railway Perspectives
This paper explores the arguments, both in favour of and against vertical integration in railways, taking into account liberalisation requirements according to EU-legislation. It draws on industrial economics insight and combines it with illustrations from the German railway business. Since privatisation, next to liberalisation and restructuring, is taken as a central means of strengthening the...
متن کاملEmpirically Evaluating Determinants of Netsourcing as Innovative eBusiness Sourcing Opportunity
Netsourcing describes an eBusiness subset of overall IT outsourcing, in which companies can selectively source software applications from external providers via the Internet. Companies which netsource seem to enjoy cost and flexibility improvements compared to those which develop and operate software applications in-house. For investigating netsourcing, we draw on full outsourcing research for ...
متن کاملIdentifying the Factors Affecting the Selection of B2B Online Market Entry Strategies Using Soft System Methodology (Case Study: IT Industry knowledge-based companies)
The Internet is changing the transaction pattern of B2B markets. One of the major concerns of IT knowledge-based companies is how to take advantage of B2B online markets. These companies believe that the only possible strategy for entering these markets is to launch independent websites, and they are usually reluctant to enter these markets due to the requirements such as financial resources an...
متن کاملSolution of Large-Scale Railway Crew Planning Problems: the Italian Experience
Crew scheduling is a very well known problem which has been historically associated with airlines and mass transit companies; recently also railway applications have come on the scene. This now happens especially in Europe, where deregulation and privatization issues are forcing a reorganization of the rail industry and better productivity and eecient services are strongly required by the marke...
متن کامل