Browsing Economic and Social Review by Author "Affuso, Luisa"
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The impact of structural and contractual arrangements on a vertically separated railway
Affuso, Luisa; Newbery, David (Economic & Social StudiesDublin, 2002)The unbundling of railways in Britain has been heavily criticised as undermining the passenger rail system. Economic theory suggests that structural separation and short-lived contracts hinder incentives to invest in ...