Curb Rights Eliciting Competition and Entrepreneurship in Urban Transit

The Independent Review, Vol. II, No. 1, pp. 29-54, Summer 1997

26 Pages Posted: 1 Dec 2003  

Daniel B. Klein

George Mason University - Department of Economics

Adrian T. Moore

Reason Foundation

Binyam Reja

World Bank

Abstract

Urban transit in the United States has long been dominated by government ownership and regulation, and has been declining steadily in ridership and productivity (APTA 1995). An economist-cum-policy maker would seek to inject competition and entrepreneurship into the sector by privatizing it. The two types of privitization often advocated are contracting out and free competition (Department of Transportation 1984; Lave 1985; Gomez-Ibanez and Meyer 1993). Experience has shown, however, that each approach has serious shortcomnings.

Keywords: curb rights, transit, jitneys, interloping, entrepreneurship

Suggested Citation

Klein, Daniel B. and Moore, Adrian T. and Reja, Binyam, Curb Rights Eliciting Competition and Entrepreneurship in Urban Transit. The Independent Review, Vol. II, No. 1, pp. 29-54, Summer 1997. Available at SSRN: https://ssrn.com/abstract=473441 or http://dx.doi.org/10.2139/ssrn.473441

Daniel B. Klein (Contact Author)

George Mason University - Department of Economics ( email )

4400 University Drive
Fairfax, VA 22030
United States

Adrian T. Moore

Reason Foundation ( email )

3415 S. Sepulveda Blvd. #400
Los Angeles, CA 90034-6064
310-391-2245 (Phone)

Binyam Reja

World Bank ( email )

1818 H Street, N.W.
Washington, DC 20433
United States

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