Bontems, Philippe, Calmette, Marie-Françoise and Martimort, David (2026) Tarification d’accès et qualité du réseau dans le transport ferroviaire. TSE Working Paper, n. 26-1753

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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.

Item Type: Monograph (Working Paper)
Language: French
Date: June 2026
Uncontrolled Keywords: Access pricing, tarification d’accès, railroad regulation, régulation ferroviaire, vertical separation, séparation verticale, infrastructure quality, qualité de l’infrastructure, asymmetric information, asymétrie d’information, mechanism design, rentes informationnelles, information rents
JEL Classification: D82 - Asymmetric and Private Information
H21 - Efficiency; Optimal Taxation
L43 - Legal Monopolies and Regulation or Deregulation
L51 - Economics of Regulation
L92 - Railroads and Other Surface Transportation - Autos, Buses, Trucks, and Water Carriers; Ports
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Site: UT1
Date Deposited: 04 Jun 2026 12:31
Last Modified: 04 Jun 2026 12:31
OAI Identifier: oai:tse-fr.eu:131798
URI: https://publications.ut-capitole.fr/id/eprint/53719
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