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Pricing commercial train path requests based on societal costs
Swedish National Road and Transport Research Institute, Society, environment and transport, Transport economics.ORCID iD: 0000-0001-9535-0617
Linköpings universitet.ORCID iD: 0000-0003-1789-9238
2019 (English)Report (Other academic)
Abstract [en]

On deregulated railway markets, efficient capacity allocation is important. We study the case where commercial trains and publicly controlled traffic (“commuter trains”) use the same railway infrastructure and hence compete for capacity. We develop a method that can be used by an infrastructure manager trying to allocate capacity in a socially efficient way. The method calculates the loss of social benefits incurred by changing the commuter train timetable to accommodate a commercial train path request and based on this calculates a reservation price for the train path request. If the commercial operator’s willingness-to-pay for the train path exceeds the loss of social benefits, its request is approved. The calculation of social benefits takes into account changes in commuter train passengers’ travel times, waiting times, transfers and crowding, and changes in operating costs for the commuter train operator(s). The method is implemented in a microscopic simulation program, which makes it possible to test the robustness and feasibility of timetable alternatives. We show that the method is possible to apply in practice by demonstrating it in a case study from Stockholm, illustrating the magnitudes of the resulting commercial train path prices. We conclude that marginal societal costs of railway capacity in Stockholm are considerably higher than the current track access charges.

Place, publisher, year, edition, pages
Stockholm, 2019. , p. 21
Series
Working Papers, Swedish National Road & Transport Research Institute ; 2019:2
National Category
Transport Systems and Logistics Economics
Identifiers
URN: urn:nbn:se:vti:diva-13903OAI: oai:DiVA.org:vti-13903DiVA, id: diva2:1318667
Available from: 2019-05-28 Created: 2019-05-28 Last updated: 2019-05-28Bibliographically approved

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fulltext(2077 kB)65 downloads
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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf