INTERPRETING LOCAL BUS COMPETITION IN BRITAIN. 13TH AUSTRALASIAN TRANSPORT RESEARCH FORUM, CHRISTCHURCH, NEW ZEALAND, 18-21 JULY 1988; FORUM PAPERS. VOLUME 1 AND 2

The prime feature of bus deregulation is that it allows free entry for operators to any route. As a consequence, commercial competition 'on the road' has developed on some routes in Britain. This paper presents one example of such competition, and discusses a model for interpreting what happens. The dominant effect so far of free entry has been to cause operators to reduce costs, which benefits users or subsidising authorities. However, the model suggests that deregulation may lead to higher than optimal frequencies and fares. We also suggest that, in spite of free entry, monopoly incumbents are able to adopt strategies which exploit their monopolies to some extent, while at the same time effectively deterring entrants. (Author/TRRL) (Author/TRRL)

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/0477052096
• Corporate Authors:

  Ministry of Transport, New Zealand

  38-42 Waring Taylor Street, P.O. Box 3175
  Wellington,   New Zealand 
• Authors:
  • Evans, A
• Publication Date: 1988

Media Info

• Features: References;
• Pagination: p. 261-72
• Serial:
  • Publication of: Ministry of Transport, New Zealand
  • Publisher: Ministry of Transport, New Zealand

Subject/Index Terms

• TRT Terms: Buses; Competition; Conferences; Costs; Deregulation; Economic factors; Economics; Fares; Industries; Legislation; Level of service; Mathematical models; Operating costs; Operators (Persons); Public transit; Subsidies; Transportation
• Uncontrolled Terms: Decreases; Operator
• Geographic Terms: United Kingdom
• ITRD Terms: 1272: Bus; 235: Competition; 8525: Conference; 224: Cost; 9009: Decrease; 144: Deregulation; 263: Economics of transport; 244: Financing; 332: Industry; 1556: Legislation; 653: Level of service; 6473: Mathematical model; 221: Operating costs; 102: Personnel; 744: Public transport; 241: Tariff; 8119: United Kingdom
• Subject Areas: Administration and Management; Economics; Planning and Forecasting; Society; Transportation (General);

Filing Info

• Accession Number: 00492890
• Record Type: Publication
• Source Agency: ARRB
• ISBN: 0-477-05209-6
• Files: ITRD, TRIS
• Created Date: May 31 1990 12:00AM