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In defense of the long-haul/short-haul discrimination

Опубликовано на портале: 07-02-2003
Bell Journal of Economics. 1979.  Vol. 10. No. 2. P. 706-708. 
Discriminatory pricing by railroads may be better than marginal cost pricing with a subsidy of the resulting losses, since it gives the railroad correct incentives for deciding what rail lines to build. The argument, applied to longhaul/short-haul discrimination, shows that its prohibition may lead to nonoptimal construction decisions. [Авторский текст]

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