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| Author: | Isacsson, G. Nilsson, J.-E. |
| Title: | An experimental comparison of track allocation mechanisms in the railway industry |
| Journal: | Journal of Transport, Economics and Policy
2003 : SEP, VOL. 37:3, p. 353-382 |
| Index terms: | allocation capacity rail transport |
| Language: | eng |
| Abstract: | This article presents the results from a series of economic testbed experiments on the performance of different auctioning mechanisms for allocating capacity of railway tracks between competing users. The auction mechanism will not only decide the price, it also serves to define the commodities demanded, and selects which of these are sold. Four combinations of pricing and stopping rules are compared. |
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