Transport

Costs and Pricing

Costs and Pricing

NERA has extensive experience in advising on costs and pricing policies across the transport sector. Our work has utilized sophisticated econometric analysis, forecasts and simulations, and detailed spreadsheet modeling.

NERA's experience in assessing costs and pricing in the transport sector is wide-ranging:

  • Efficient pricing. We help to develop fair and efficient pricing structures for individual airports, and have worked very extensively on the principles and practice of track access charging.
  • Cost analysis and benchmarking. NERA carries out detailed analysis of cost structures and efficiency, and has helped regulated firms challenge benchmarking studies and the lessons that regulators draw from them. We also analyze cost causality and help firms establish cost-reflective charging structures.
  • Road pricing. NERA provides world-class expertise on the design, implementation, and monitoring of road pricing schemes. Our expertise includes both the principles of road pricing and detailed modeling of the likely impact of different schemes.
  • Profitability. The return on capital is an important part of a firm’s costs. NERA is a leading advisor on both the cost of capital and the determination of the regulatory asset base.
  • Cost projections. NERA provides independent advice to transport clients on future input price changes and long-term efficiency trends.
  • Environmental impacts and other externalities. We provide robust estimates of external costs and benefits, either as the main focus of a study or as an input into a wider project, such as a cost-benefit study. We have also carried out projects on the valuation of injury and health risks, and on the appropriate treatment on non-monetized impacts.
Name Title Location Phone Email
Richard Druce Senior Managing Director London +44 20 7659 8540 richard.druce@nera.com
Dr. Richard Hern Senior Managing Director London
Berlin
+44 20 7659 8582
+49 30 700 1506 01
richard.hern@nera.com
Dr. Jeff D. Makholm Senior Managing Director Boston +1 617 927 4540 jeff.makholm@nera.com
James Mellsop Senior Managing Director
Chair of NERA's Global Antitrust and Competition Practice
Auckland
Wellington
Sydney
+64 9 928 3290
+64 4 819 2550
+61 2 8864 6536
james.mellsop@nera.com
Daniel Hanson Managing Director London +44 (0)207 659 8812 daniel.hanson@nera.com
Dominik Hübler Director Berlin
London
+49 30 700 150 620
+44 20 7659 8504
dominik.huebler@nera.com
Dr. Lewis Evans Affiliated Academic Wellington +64 4 474 1320 lew.evans@vuw.ac.nz
Title Date Type
NERA Experts Promoted to Director 14 February 2023 Press Release
NERA Economic Consulting Opens Office in Milan, Italy 19 November 2019 Press Release