The project uses tools and insights from recent developments in economic theory to study the problem of regulation of public transport. The emphasis is on information asymmetries and the objective to obtain results can be applied in the analysis of environmental and other regulation of transport and thus improve on decision making.
The objective of the project is to contribute to the literature and simultaneously to study cases of regulation of public transport in Denmark, such that the theoretical results will be relevant for applications and will be applied.
The study encompasses literature studies and development of new models within the fields "procurement of public facilities", "regulation of private providers of bus and ferry transport", "public vs. private bus transport providers", "regulation of railways" and "regulation by several authorities".
A number of theoretical investigations of the background for and problems with regulation of public transport has been carried out. In particular a case study of the railway structure reform in Denmark has been carried out, using the theoretical models.
Due to difficulties with providing the necessary researchers, the project has not been carried out as deeply as planned. Therefore only a limited part of the resources have been used.