THE ECONOMICS OF RAILROAD CONSTRUCTION

By MICHAEL LEWIS

CONTENTS INTRODUCTION EVOLUTION OF RAILROAD ECONOMICS A HEDONIC COST FUNCTION APPROACH TO ESTIMATING RAILROAD COSTS SPATIALLY GENERATED TRANSPORTATION DEMANDS RAIL PASSENGER DEMAND FORECASTING: CROSS-SECTIONAL MODELS REVISITED RAILROAD PRICING AND REVENUE-TO-COST MARGINS IN THE POST-STAGGERS ERA OPTIONS FOR RESTRUCTURING THE STATE-OWNED MONOPOLY RAILWAY TRESPASSING ON THE RAILROAD ENERGY USE AND POLLUTANT EMISSIONS IMPACTS OF SHORTLINE RAILROAD ABANDONMENT EARNINGS DIFFERENTIALS OF RAILROAD MANAGERS AND LABOR