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Regulating the United States Railroads: The Effects of Sunk Costs and Asymmetric Risk

โœ Scribed by Jerry Hausman; Stewart Myers


Book ID
110400742
Publisher
Springer US
Year
2002
Tongue
English
Weight
355 KB
Volume
22
Category
Article
ISSN
0922-680X

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The effects of United States railroad de
โœ Henry McFarland ๐Ÿ“‚ Article ๐Ÿ“… 1989 ๐Ÿ› Springer US ๐ŸŒ English โš– 754 KB

This paper presents an overview of the economic effects of railroad deregulation. The United States experience with railroad deregulation has been very favorable. Shippers generally have gotten better service without higher rates. Labor productivity has gone up substantially. Railroads have not been