La red de ferrocarriles en el laboratorio

  1. Aurora García Gallego 1
  2. Nikolaos Georgantzis 1
  3. Gerardo Sabarter Grande 1
  1. 1 Departamento de Economía. Universitat Jaume I
Journal:
Economía industrial

ISSN: 0422-2784

Year of publication: 2017

Issue Title: Economía experimental

Issue: 403

Pages: 55-70

Type: Article

More publications in: Economía industrial

Abstract

We use real-world information on the features of passenger transportation demand and the existing network infrastructure to build a complex experimental setting. We test the efficiency of alternative service provision obligations imposed to railway companies. Our results show that imposing a minimum service for less profitable connections not only improves consumer and overall welfare but will not harm the companies, because it enhances connectivity and the overall demand on the network. In the absence of such service provision restrictions, the companies failing to recognize the profitability of creating a complete network leave some connections unserved

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