Toc 'n' roll: bargaining, service quality and specificity in the UK railway network.(train operating company leasing from a rolling stock company business model for railways)(Report) De Fraja, Gianni; Michetti, Emanuela; Zanchettin, Piercarlo

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De Fraja, Gianni ; Michetti, Emanuela ; Zanchettin, Piercarlo
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Journal of Transport Economics and Policy
Railroad companies - Great Britain.; Railroads -- Economic aspects; Railroads -- Management
Academic; Trade
The business model for railways in the UK where a train operating company leases froma rolling stock company increases flexibility and competition in the network. This model is preferable from a welfare viewpoint.
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e.g. test cricket, Perth (WA), "Parkes, Henry"

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