Regulation in a ‘Deregulated’ Industry: Railroads in the Post-Staggers Era

Regulation in a ‘Deregulated’ Industry: Railroads in the Post-Staggers Era The Staggers Rail Act of 1980 substantially reduced regulation of the US freight rail industry. However, a significant amount of rail traffic remains potentially subject to regulatory rate intervention. The prevailing regulatory framework embodies elements of traditional public utility regulation, including fully distributed costing. Furthermore, explicit earnings regulation may be under consideration. This research reviews the evolution of regulatory policy in the rail industry and documents some of the many potential drawbacks to explicit earnings regulation. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Review of Industrial Organization Springer Journals

Regulation in a ‘Deregulated’ Industry: Railroads in the Post-Staggers Era

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Publisher
Springer US
Copyright
Copyright © 2016 by Springer Science+Business Media New York
Subject
Economics; Industrial Organization; Microeconomics
ISSN
0889-938X
eISSN
1573-7160
D.O.I.
10.1007/s11151-016-9524-1
Publisher site
See Article on Publisher Site

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