THE ECONOMICS OF AUTOMATIC TRAIN PROTECTION IN BRITAIN /
mode - rail
United Kingdom, Train control, Railways, Railroads, Great Britain, Cost benefit analysis, Benefit cost analysis, Automatic train control
Automatic Train Protection (ATP) is a computer-controlled system to prevent trains passing signals at danger, overspeeding or overrunning buffer stops. Although it would certainly save lives, it has been decided not to proceed with its general installation on the main line railways of Great Britain, because its costs far outweigh its benefits. This paper reviews that decision and the economics of ATP.
Permission to publish abstract given by Elsevier, copyright remains with them.
Evans, Andrew, (1996). THE ECONOMICS OF AUTOMATIC TRAIN PROTECTION IN BRITAIN. Transport Policy, Vol. 3, Issue 3, Pp 105-110.