Back to the future to improve U.S. transportation -- Intercity transportation under partial deregulation -- Highways -- Urban transit -- Airports and air traffic control -- Constraints on efficient reforms -- Lessons from deregulation of intercity transportation -- Theory and evidence on the...

The purpose of this paper is to suggest how the U.S. experience with deregulating its intercity transportation system can identify important considerations for all countries that wish to pursue privatization. Transportation deregulation in the United States gave private railroad, trucking, bus,...

Introduction -- Methodological perspective -- Market power: antitrust policy and economic regulation -- Social regulation: imperfect information and externalities -- Public production -- Policies to correct market failures: synthesis and assessment -- Market failure and social goals policies:...