The Local Bus Market: A Case Study of Regulatory Change (Institute for Transport Studies)

This book is an economic assessment of the behaviour and performance of the local bus industry under regulation and deregulation. Contents included: the economic characteristics of this market; the regime of regulation 1930-1986; an analysis of cross-subsidization; the deregulation story; market conduct and behaviour under deregulation; performance of the deregulated market; regulating to maintain effective competition. The work is aimed at all those with academic or practical interests in the public transport industry and regulation studies.