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Cost and Value of Service in Railroad Rate-Making

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  • M. O. Lorenz

Abstract

I. General viewpoint of this paper, 205. — II. Preliminary survey of railroad income and outgo, 208. — III. An industry of increasing returns? 209. — Relation of cost to growth of traflfic, 210. — Influence of density of traffic, 214. — Cost of service and value of service as factors in rate-making, 219. — IV. Bridging the gap between theory and practice; review of selected authors, 221. — Launhardt, 222. — Rank, 223. — Talcott, 224. — Shinn, 225. — Erickson, 226. — Millard, 227. — Interstate Commerce Commission's order of 1915, 231.

Suggested Citation

  • M. O. Lorenz, 1916. "Cost and Value of Service in Railroad Rate-Making," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 30(2), pages 205-232.
  • Handle: RePEc:oup:qjecon:v:30:y:1916:i:2:p:205-232.
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    File URL: http://hdl.handle.net/10.2307/1884993
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    Cited by:

    1. Heaver, Trevor D. & Waters II, W.G. & Schwetz, Thomas B., 2020. "Rail Cost - Distance Relationship and the Crow Rate Taper," Papers 305928, Canadian Transportation Research Forum (CTRF).
    2. Leonardo J. Basso & Sergio R. Jara-Díaz & William G. Waters, 2011. "Cost Functions for Transport Firms," Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 12, Edward Elgar Publishing.
    3. Link, Heike & Nilsson, Jan-Eric, 2005. "Infrastructure," Research in Transportation Economics, Elsevier, vol. 14(1), pages 49-83, January.
    4. Heaver, Trevor D. & Waters II, W.G. & Schwetz, Thomas B., 2020. "Rail Cost - Distance Relationship and the Crow Rate Taper," 21st Annual Canadian Transportation Research Forum, Vancouver, British Columbia, May 28-30, 1986 305928, Canadian Transportation Research Forum (CTRF).
    5. Waters II, William G., 2007. "Evolution of Railroad Economics," Research in Transportation Economics, Elsevier, vol. 20(1), pages 11-67, January.

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