Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/51318
Authors: 
Rothbauer, Julia
Sieg, Gernot
Year of Publication: 
2010
Series/Report no.: 
Economics Department Working Paper Series 8
Abstract: 
This study analyzes the minimum quality standard set by the European Union (EU) through Regulation 1371/2007 of Rail Passengers' Rights and Obligations. A welfare maximizing quality standard raises quality and consumer satisfaction, but does not improve the modal split of rail transport. A minimum quality standard determined by political majorities may or may not increase welfare. However, all binding standards induce travelers to switch to transport modes with higher anthropogenic greenhouse gas emissions.
Subjects: 
regulation
minimum quality standards
median
rail
JEL: 
L51
L92
D72
Document Type: 
Working Paper

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