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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,...
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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:...
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