Benchmarking and Regulation in Transport

European Perspectives

Edited by Chris Nash, Research Professor, Institute for Transport Studies, University of Leeds, UK and Visiting Professor, Masaryk University, Czech Republic and Ginevra Bruzzone, Senior Fellow, Luiss School of European Political Economy, Italy

This insightful book provides readers with an in-depth discussion of the use of benchmarking in regulation in the European transport sector. It argues that benchmarking is invaluable to regulators, particularly in the transport sector where the pressures of competition in – or for – the market are often absent.

‘Benchmarking has become an important tool for sectors such as transport where there is limited direct competition. It aids both regulators and the operators themselves to identify best practice and enhance performance. This valuable volume brings together a comprehensive analysis of the economics of benchmarking, how to benchmark effectively, and applications to individual modes of transport and case studies. The authors are internationally recognised academic authorities in the field but also bring considerable experience of applying benchmarking in practice.’
– Roger Vickerman, University of Kent and Transport Strategy Centre, Imperial College London, UK