Chicago's O’Hare airport is extremely congested, especially in the late afternoon and early evening. The paper uses a publicly available database to estimate the relationship between the number of flights wishing to depart and the delays they experience. This relationship is used to...

Michael Crew and David Parker have compiled a comprehensive, up-to-date and detailed analytical work on leading research issues in the economics of regulation. With contributions from international specialists in economic regulation, the Handbook provides a comprehensive discussion of major...

In 1986, the British government deregulated the majority of the local bus industry, cut the amount of subsidy, and privatized many public bus companies. Unit costs have declined significantly, cross-subsidies have been reduced, and there has been innovation in operating practices. However,...

A large sample of the residents of metropolitan Chicago were interviewed to investigate whether psychometric attributes by which people view hazards are related to their willingness-to-pay to reduce the hazard. One of the hazards, stomach cancer, is found to engender fear and a high...

In a large cross-sectional sample, commercial airline pilots in the United States were asked for their perceptions of job safety hazards. Regression techniques are employed to investigate the relationship between these perceptions and both the length of tenure of pilots and their specific...

A three-staged least squares translog cost function is estimated for 13 heavy-rail and nine light-rail United States urban mass transit systems for the period 1985-1991. Firm output is taken to be endogenous. Large economies of density are found in operating costs. These economies become even...

Based on data for the period from 1948 to 1997, exogenous decreases in demand and increases in costs are estimated to have reduced the annual profitability of the Chicago Transit Authority (CTA) by $1 billion. Half of this decline was recouped by reductions in service, increased fares and...

This chapter investigates whether economic deregulation affected the rate of workplace injuries in the railroad, trucking and commercial aviation industries. Bureau of Labor Statistics data for the period 1973-2001 are used to compare these three industries with the trend for comparable...

Greater than half of all the fatal injuries on the United States railroads are sustained by trespassers. The paper provides a statistical analysis of the demographics of trespassers, the activities they were engaged in, and the causes of injury. It also analyzes trends over time. The paper finds...