Competition and Regulation: The Railroad Model
本文审视美国人对铁路行业监管与竞争的误解，指出美国试图实现无输家的竞争，而监管常在不理解行业经济的情况下追求这一结果。
In the following essay on the railroad industry, Maury Klein examines preconceptions and misunderstandings surrounding Americans' views of regulation and competition. He argues that the United States seems to want competition without losers and that, at least in the case of railroads, regulation has often tried to ensure this outcome without a real understanding of the economics of the industry.