Intro -- Contents -- Acknowledgments -- 1. Introduction -- 2. Trial and Error, 1878-1893 -- 3. Cooperation and Success, 1893-1902 -- 4. "The Nation's Future," 1902-1907 -- 5. Conflict and Disillusion, 1907-1912 -- 6. Isolation and Expertise, 1907-1912 -- 7. Retirement and Retreat, 1912-1916 --...

Die Eisenbahninfrastruktur des DB Konzerns wird seit der Bahnreform 1994 zusammen mit den Eisenbahnverkehrsunternehmen in einer vertikal integrierten Konzernstruktur organisiert. Diese Konzernstruktur steht jedoch im Verdacht, Wettbewerbsverzerrungen auf der Ebene der...

Collusion is widely condemned for its negative effects on consumer welfare and market efficiency. In this paper, I show that collusion may also in some cases facilitate the creation of unexpected new sources of value. I bring this possibility into focus through the lens of a historical episode...

The economic growth of a country is mostly depends on the infrastructure and construction available in their area. Substructure link the peoples to services, markets and jobs and helps people to live healthy and productive lives. Transport facility is an important aspect of infrastructure...

No one in United States financial and business history is as misunderstood, and under-appreciated, as the late Jay Gould (1836-1892). There are a number of reasons for this, primary amongst them is that Gould earned a reputation as the most hated man in America. Two early episodes, the Erie...

In the mid-nineteenth century was an evidence of the processes of successful foreign investment in Latin America and particularly in Colombia, at least from the perspective of foreign investors: the construction and operation of the Panama Railroad Co. However, unlike other experiments in which...

This paper argues that the promotion boom, which occurred in the railway industry during the mid-1840s, was amplified by the issue of derivative-like assets which let investors take highly leveraged positions in the shares of new railway companies. The partially paid shares which the new railway...