English, Article edition: An Experimental Comparison of Track Allocation Mechanisms in the Railway Industry Gunnar Isacsson; Jan-Eric Nilsson

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/32865
Physical Description
  • article
Language
  • English

Edition details

Title
  • An Experimental Comparison of Track Allocation Mechanisms in the Railway Industry
Author
  • Gunnar Isacsson
  • Jan-Eric Nilsson
Physical Description
  • article
Notes
  • The capacity of railway tracks is a scarce commodity that is, by nature, more complex than many other commodities. This paper presents results from a series of economic testbed experiments on the performance of different auctioning mechanisms for allocating track capacity between competing users. The auction mechanism will not only decide the price, it also serves to define the commodities (the particular departure-arrival time slots) demanded, and selects which of these are sold. Four combinations of pricing and stopping rules are compared. Realised allocations are very efficient for all four combinations and also generate approximately equal revenue. The research provides input for the process of re-regulating an industry undergoing profound institutional change. © The London School of Economics and the University of Bath 2003
  • RePEc:tpe:jtecpo:v:37:y:2003:i:3:p:353-381
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment