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Regulation of Freight Railroads in the Modern Era: 1970 - 2010

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Author Info
Darius W. Gaskins, Jr () (Partner, Norbridge, Inc)
Abstract

The fundamental tension between the freight railroads' network economics and economic regulation has never been resolved. Lip service has been paid to declining marginal costs and Ramsey pricing, but the actual practice of economic regulation has not coped with the economic dilemma. This paper relates the trials and tribulations of railroad regulation from the perspective of a participant that has seen the struggle both as a regulator and a regulatee.

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File URL: http://www.rnejournal.com/artman2/uploads/1/gaskins_RNE_dec08.pdf
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Publisher Info
Article provided by Concept Economics in its journal Review of Network Economics.

Volume (Year): 7 (2008)
Issue (Month): 4 (December)
Pages: 561-572
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:rne:rneart:v:7:y:2008:i:4:p:561-572

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Web page: http://www.rnejournal.com

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Related research
Keywords: Railroads; Regulation; Deregulation; STB (Surface Transportation Board);

Statistics
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