Performance Incentives for Network Rail: A Perspective from Behavioural Economics by Nick Chater was published by the Office for Rail and Road (ORR). The ORR is the independent safety and economic regulator for Britain's railways, and is also responsible for monitoring Highways. It is running a consultation on its 'Holding Network Rail to Account' policy. The consultation runs from 27 November 2018 to 25 January 2019. The new policy will replace the existing economic enforcement policy for Network Rail, coming into effect for the start of Control Period 6. As part of the background research for this policy consultation, the ORR commissioned Nick to produce the consultancy paper. More information about the consultation and how to respond is available from the ORR's website.
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telephone: +44 (0)115 84 66067 email: chris.starmer@nottingham.ac.uk
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