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- Title
Against the stand-alone-cost test in U.S. freight rail regulation.
- Authors
Pittman, Russell
- Abstract
The stand-alone-cost test has become an expensive, extensive, and time-consuming component of the regulatory practice of the U.S. Surface Transportation Board in the performance of its statutory duty to protect 'captive shippers' from monopoly rail rates. A close examination of the history of its adoption and application suggests only a tenuous connection with its claimed intellectual foundations. It is time to retire this notion and replace it with something simpler and more effective and transparent.
- Subjects
UNITED States; RAIL freight rates; UNITED States. Surface Transportation Board; GOVERNMENT ownership of railroads; TRANSPORTATION; COST analysis; INTELLECTUAL property
- Publication
Journal of Regulatory Economics, 2010, Vol 38, Issue 3, p313
- ISSN
0922-680X
- Publication type
Article
- DOI
10.1007/s11149-010-9130-3