A two-part Ramsey-Optimum railroad tariff
A two-part Ramsey-Optimum railroad tariff
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About This Book
Analysis of freight rates in the context of spatial economics and of effects of competition and regulation on freight rates. Applied historical data from the UK, Argentine, Australia, and (mostly) the USA. Concludes that unfettered competition is sub-optimal. Summary appeared in American Economic Review, vol. 71, No. 1 (March 1981), 65-79.
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