Researchers have long pursued better methods to estimate price elasticity of market-level demand. Due to a plethora of empirical problems, the estimates produced in many empirical studies leave researchers with wide confidence intervals that do little to clarify demand conditions. As a result,...

In early 2023 a Norfolk Southern train carrying vinyl chloride - a hazardous chemical - derailed near East Palestine, Ohio. The derailment resulted in five of the cars carrying the chemical spilling their contents, which contaminated air and groundwater and forced the evacuation of several...

Transportation congestion in the U.S. has made it more difficult for companies to outsource critical components of their manufacturing process, which is a key ingredient to improve productivity. We estimate that the productivity losses resulting from congestion cost the U.S. economy $500 billion...

Network operations often suffer from chronic asset imbalance over time and across locations. This paper addresses the issue in the intermodal industry. The problem is mainly driven by myopic policies, environmental uncertainty, and network interdependence. To address the problem, we develop a...