Economic regulation

Economic Regulation

Description / objective

Economic regulation covers the functions of tariff setting, and any competition for service provision (including market entry requirements). Tariff setting is affected by decisions regarding sector funding and cost recovery, and is covered in greater detail in the Fare Collection Systems Toolkit.

The various options for competition in service provision, and their relative merits under different contexts, form the core of the Urban Bus Toolkit.

ITS applications

None.

Advantages and cautions

None.