way to achieve transportation efficiencies. Other groups, supporting the status quo, argue that the regulation of rates is … essential to control the monopoly power of the railways. There has been very little discussion of other policy options, with the … deregulation. When railways are not faced with competition from other railways or from other forms of transportation such as barges …

In this article, I analyze and compare the contributions of Dupuit and Walras on the natural monopoly of railroads … and Walras both concluded that railroads were better managed under the monopoly regime; however they drew upon different …. Both theorists argued that inland waterways—as opposed to railroads—could be vertically unbundled, a point which previous …

Dupuit's work, but it helps us to grasp that, in his opinion, unlimited competition is not possible in the railroads and that …In the nineteenth century, the emergence of railroads in France resulted in new analytical issues, as they are natural … communication, I attempt to restore the consistency of Dupuit's positions on the railroads. In the first section, I distinguish …