This paper presents a pricing model of railway infrastructure capacity allocation functioning as a regulatory measure while fulfilling the regulatory requirements on railway infrastructure capacity allocation. The prices of railway infrastructure capacity allocation will be modelled with regard to all economically justifiable costs of railway infrastructure capacity allocation. The structure of model has been developed as a set of calculation sheets in Microsoft Excel. The recommended prices for railway capacity have been found by simulation of a set of variants and the recommendation is done for different operational conditions in an individual way. It analyses different products offered by the railway infrastructure capacity allocator both in the annual working timetable mode, and in the individual ad hoc mode. The aim of the proposed model is to motivate not only railway undertakings, but also the railway infrastructure capacity allocator to submit requests for railway infrastructure capacity in the annual working timetable mode rather than in the individual ad hoc mode. The total price is then verified to the cost of railway infrastructure capacity allocation. This process then ensures the regulation of the demand of railway undertakings on the given route and can influence the decision about the use of the product offered.
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