The economics of railroad safety
By: by Ian Savage.
Series: Transportation research, economics and policy ;; v. 7
Publisher: Kluwer Academic Publishers
Published: 1998
Place of publication: Boston
Language: eng
Number of pages: 231
Subjects: Railroad accidents -- United States; Traffic safety -- United States
Description: The Economics of Railroad Safety stems from the traditions of industrial organization and law and economics. The objective of the book is to examine the exact nature of the "safety problem": how much safety should be provided; what might hinder obtaining such a level of provision; and what we can do about it. Discussion of safety is often infused with emotion.

By contrast, the author uses a logical approach to laying out the economics of safety, allowing the informed reader to understand exactly what constitutes the main issues. Therefore, while the book deals specifically with freight railroads, the theory is applicable to all forms of transportation.
Notes: Includes bibliographical references (p. [219]-226) and index.