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Tarification d’accès et qualité du réseau dans le transport ferroviaire

Philippe Bontems, Marie-Françoise Calmette and David Martimort

No 26-1753, TSE Working Papers from Toulouse School of Economics (TSE)

Abstract: This paper studies access pricing in a vertically separated railway sector where the in-frastructure manager sets access charges and chooses network quality, while downstream operators choose transport services. The model characterizes the inefficiencies of unregula-ted vertical separation and then derives optimal regulation with and without public transfers. When transfers are constrained, access charges follow a Ramsey logic modified by downs-tream market power and by cross-effects among long-distance operators. Under asymmetric information, the relevant access cost is no longer the physical marginal cost but a virtual cost that incorporates the information rents of the infrastructure manager and the traffic consequences of incentive constraints.

Keywords: Access pricing; railroad regulation; vertical separation; infrastructure quality; asymmetric information; mechanism design; information rents (search for similar items in EconPapers)
JEL-codes: D82 H21 L43 L51 L92 (search for similar items in EconPapers)
Date: 2026-06
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