Privatisation and deregulation of urban bus services: An analysis of fare evolution mechanisms

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dc.contributor.authorFernandez, J. Enrique
dc.contributor.authorMunoz, Juan Carlos
dc.date.accessioned2024-01-10T13:16:38Z
dc.date.available2024-01-10T13:16:38Z
dc.date.issued2007
dc.description.abstractUrban bus systems have been privatised and deregulated in Britain, Santiago (Chile) and Colombo (Sri Lanka). Although similar regulations were applied in these cases, the outcomes observed were significantly different. We create an analytical model to explain such outcomes considering differing compositions of the bus fleet (number of operators competing and their frequencies of service) and passengers' valuation of time. We conclude that perfect competition is not likely to emerge in the urban bus market. However, while in some cases this economic distortion scarcely affects the results, in others it does so significantly. Our model accurately predicts the outcomes observed.
dc.format.extent25 páginas
dc.fuente.origenWOS
dc.identifier.eissn1754-5951
dc.identifier.issn0022-5258
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/78601
dc.identifier.wosidWOS:000244132500003
dc.information.autorucIngeniería;Fernández JE;S/I;99062
dc.information.autorucIngeniería;Muñoz JC;S/I;75822
dc.language.isoen
dc.nota.accesoSin adjunto
dc.pagina.final49
dc.pagina.inicio25
dc.publisherUNIV BATH
dc.revistaJOURNAL OF TRANSPORT ECONOMICS AND POLICY
dc.rightsregistro bibliográfico
dc.subjectCOMPETITION
dc.subjectTRANSPORT
dc.subject.ods11 Sustainable Cities and Communities
dc.subject.odspa11 Ciudades y comunidades sostenibles
dc.titlePrivatisation and deregulation of urban bus services: An analysis of fare evolution mechanisms
dc.typeartículo
dc.volumen41
sipa.codpersvinculados99062
sipa.codpersvinculados75822
sipa.indexWOS
sipa.indexScopus
sipa.trazabilidadCarga SIPA;09-01-2024
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