Law and Economic Regulation in Transportation

Law and Economic Regulation in Transportation PDF

Author: Paul S. Dempsey

Publisher: Praeger

Published: 1986-04-22

Total Pages: 374

ISBN-13:

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Dempsey and Thoms provide an authoritative overview of the development of transportation law in the America in the last century. They trace the development of American transportation (including railroads, pipelines, water transport, motor carriers, and airlines), the origins of economic regulation, the changing role of regulators, and the effects of deregulation. Economic regulations are separated into three areas: policing entry and exit from transportation, efforts to keep rates just, reasonable, and nondiscriminatory, and mergers, consolidations, antitrust, and other issues. The limitation of loss, damage, and other tort suits against carriers by legislation is also considered. Other chapters review government operation of railroads from Amtrak and Conrail to commuter trains and local freight lines, the Railway Labor Act and other labor legislation pertinent to the transportation industry, and the sponsorship of urban mass transit by the federal government.

Economic Analysis Primer

Economic Analysis Primer PDF

Author:

Publisher:

Published: 2003

Total Pages: 40

ISBN-13:

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This primer provides a foundation for understanding the role of economic analysis in highway decision making. It is oriented toward state and local officials who have responsibility for assuring that limited resources get targeted to their best uses and who must publicly account for their decisions. Economic analysis is presented as an integral component of a comprehensive infrastructure management methodology that takes a long-term view of infrastructure performance and cost. The primer encompasses a full range of economic issues, including economic fundamentals, life-cycle cost analysis, benefit-cost analysis, forecasting traffic for benefit calculations, risk analysis and economic impact analysis.

Policy Options for Intermodal Freight Transportation

Policy Options for Intermodal Freight Transportation PDF

Author: National Research Council (U.S.). Transportation Research Board

Publisher: Transportation Research Board

Published: 1998

Total Pages: 332

ISBN-13: 9780309064514

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Recognizes the importance of freight transportation to the US and that intermodal freight transportation is a major technological and organizational trend affecting the sector's performance. Examining policy options, this report views that public investment in freight facilities is complex and they have been usually financed by the private sector.

The Economic Effects of Airline Deregulation

The Economic Effects of Airline Deregulation PDF

Author: Steven Morrison

Publisher: Brookings Institution Press

Published: 2010-12-01

Total Pages: 100

ISBN-13: 9780815708063

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In 1938 the U.S. Government took under its wing an infant airline industry. Government agencies assumed responsibility not only for airline safety but for setting fares and determining how individual markets would be served. Forty years later, the Airline Deregulation Act of 1978 set in motion the economic deregulation of the industry and opened it to market competition. This study by Steven Morrison and Clifford Winston analyzes the effects of deregulation on both travelers and the airline industry. The authors find that lower fares and better service have netted travelers some $6 billion in annual benefits, while airline earnings have increased by $2.5 billion a year. Morrison and Winston expect still greater benefits once the industry has had time to adjust its capital structure to the unregulated marketplace, and they recommend specific public polices to ensure healthy competition.

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