Open access for railways and transaction cost economics: management perspectives of Australia's rail companies

摘要: With the aim to improve efficiency and value for money, in addition tendered services European Commission approach rail organisation allows substantial open access both passenger freight operations. This paper investigates, from a transaction cost perspective, whether is applicable Australian context, more generally all regions types of operation. A key focus this on vertically integrated railways owned by mining companies who are increasingly encouraged provide their competitors. In policy our discussion also includes views senior managers.