Kieran MAS (Michael Kieran)
Methods and Practices in Pricing - Railway Track Access

The purpose of the study was to propose principles and methods for setting prices for access to 
railway infrastructure by guest operators. The paper undertakes three main tasks: (1) to explain the operational, economic and commercial aspects of owning and operating railway track; (2) to examine costing and pricing approaches now used between arm's-length parties in different situations where infrastructure is shared, both with and without traffic solicitation privileges; and (3) to demonstrate through pro forma examples the application of selected concepts, illustrating arrangements that might be made between owners and guest operators in hypothetical yet representative circumstances.