Fares fair? The economics of setting ticket prices
Regulated rail fares in Great Britain are set to rise by 3% in real terms for each of the next three years, while the entire approach to fares setting is about to be subject to formal review. There are important economic issues surrounding these changes, such as the empirical evidence on how passengers respond to fare changes, and the types of fares regulation that might be introduced.
Related
Valuing the right to operate: an economic perspective on concession disputes
What is the value of the right to operate a regulated asset for a finite period of time? And how should that value account for the power of the state or the regulator to alter its terms? These are questions that often sits at the heart of disputes involving… Read More
Podcasts
Bridging the water investment gap: how can investment be secured?
This latest episode of Top of the Agenda, recorded in front of a live audience at Oxera’s new London office, explores how the investment needed to meet global commitments to safe water and sanitation can be encouraged and secured. The United Nations’ Sustainable Development Goal 6 (SDG 6)… Read More