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42 Transp. L.J. 153 (2015)
Existing Railroad Oversight and Proposed Policy Change: An Application of Results-Based Regulation

handle is hein.journals/tportl42 and id is 166 raw text is: Article Existing Railroad Oversight and Proposed Policy Change: An Application of Results-Based Regulation Mark L. Burton* I. Introduction.. ................................... 154 II. Background ..................................... 156 III. Current Rail Industry Governance from a RBR Perspective ...................................... 161 IV. NAS Findings and a Results-based Scorecard for Rail Governance ..................................... 166 A. Congressional Objective 1: Efficiency ............... 167 B. Congressional Objective 2: Competition and Railroad Rates .... ................................... 172 C. Congressional Objective 3: Service Adequacy and Availability .................................. 177 D. Congressional Objective 4: Financial Stability, Investment, and Infrastructure .................... 181 E. Congressional Objective 5: Safety and Environmental Outcomes ................................... 184 * The author is grateful to a variety of reviewers, particularly members of the American Economic Association's Transportation and Public Utility Group, and also for the thoughtful comments of Professors John Mayo and Wesley Wilson. Principal funding in support of this effort was provided by the University. 153