2016
DOI: 10.1007/s11149-016-9309-3
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Railway restructuring and organizational choice: network quality and welfare impacts

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Cited by 13 publications
(3 citation statements)
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“…related to the redevelopment of disused railways (e.g. Asabere and Huffman, 2009;Besanko and Cui, 2016;West and Shores, 2011).…”
Section: Discussionmentioning
confidence: 99%
“…related to the redevelopment of disused railways (e.g. Asabere and Huffman, 2009;Besanko and Cui, 2016;West and Shores, 2011).…”
Section: Discussionmentioning
confidence: 99%
“…The trade-off between vertical integration and separation is not clearly determined. Cui (2016, 2017) show for instance that horizontal separation-several vertically integrated networks competing with each other-has a strong tendency to produce a higher network quality, while unbundling has a strong tendency to result in lower transport prices and higher consumer surplus. From an empirical point of view, one should stress the relative heterogeneity of results of different studies.…”
Section: Introductionmentioning
confidence: 99%
“…In our paper (Besanko and Cui 2016), our analysis of the regulator's optimization problem under vertical separation (VS) was incorrect. Our model presumes that the regulator under VS chooses a variable access charge to maximize social welfare.…”
mentioning
confidence: 99%