Ramsey Pricing by US Railroads. Can it exist?

Ramsey Pricing by US Railroads. Can it exist?

The author criticises the reference to Ramsey pricing in a recent decision by the Interstate Commerce Commission on charges for transport of coal. He finds that Ramsey pricing is suitable for public finance or for nationalised industries, but cannot be applied after deregulations.

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Optimal Public transport Price and Service Frequency

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