EconPapers    
Economics at your fingertips  
 

Against the Stand-Alone-Cost Test in U.S. Freight Rail Regulation

Russell Pittman ()

No 201001CA, EAG Competition Advocacy Papers from Department of Justice, Antitrust Division

Abstract: The stand-alone-cost test has become an expensive, extensive, and time-consuming part 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. Worse, a close examination of the history of its adoption and application suggests only a very tenuous connection with its claimed intellectual foundations, the classic works of Faulhaber (1975) and Baumol, Panzar, and Willig (1982). It is time to retire this tool and replace it with something simpler and more effective and transparent.

Pages: 16 pages
Date: 2010-04
New Economics Papers: this item is included in nep-his and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed

Downloads: (external link)
https://www.justice.gov/atr/public/eag/257888.pdf (application/pdf)

Related works:
Journal Article: Against the stand-alone-cost test in U.S. freight rail regulation (2010) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:doj:compad:201001

Access Statistics for this paper

More papers in EAG Competition Advocacy Papers from Department of Justice, Antitrust Division Department of Justice Antitrust Division 450 Fifth Street NW Washington, DC 20530. Contact information at EDIRC.
Bibliographic data for series maintained by Tung Vu ().

 
Page updated 2021-06-13
Handle: RePEc:doj:compad:201001