Background
Friedlaender, Ann Fetter was born on September 24, 1938 in Philadelphia, Pennsylvania, United States. Daughter of Ferdinand Fetter and Elizabeth Head.
(Following the recent deregulation of the airlines, a chor...)
Following the recent deregulation of the airlines, a chorus of politicians and consumers has been calling for the deregulation of other industries, especially those in the troubled transportation sector. By making use of a general equilibrium model, the authors of this study have evaluated the consequences of deregulation in the rail and trucking industries and, in particular, have quantified the efficiency and distributional effects of such a change. The book uses new and powerful econometric and analytical tools in its general equilibrium analysis, with explicit attention to the tradeoffs between the efficiency and distributional aspects of deregulation policies and the relationship between freight rates and regional incomes. The analysis recognizes the interdependence among the various rail and trucking modes and thus encompasses the full general-equilibrium effects of deregulation. In addition, by differentiating between short-run and long-run equilibrium, it takes changes in railroad infrastructure into account, balancing the huge costs of infrastructure maintenance against the savings of abandoning light-density routes. The book also tests a number of general hypotheses about the structure of cost and demand in the transport industries. The authors conclude that "with a few important caveats, the finding of this study indicate that the public interest would be served by deregulation. This is particularly true in the LTL less-than-truckload trucking market of general commodities where competition would appear to allocate resources efficiently and equitably and cause relatively few disruptions in the existing equilibrium." Although written from the viewpoint of the economist, transport and policy analysts will also find valuable and utilizable information in this volume. This book is the first in the series Regulation of Economic Activity, edited by Richard Schmalensee.
http://www.amazon.com/gp/product/0262060728/?tag=2022091-20
Friedlaender, Ann Fetter was born on September 24, 1938 in Philadelphia, Pennsylvania, United States. Daughter of Ferdinand Fetter and Elizabeth Head.
Bachelor of Arts, Radcliffe College, 1960; Doctor of Philosophy (Woodrow Wilson fellow, 1960-1962), Massachusetts Institute of Technology, 1964.
Assistant professor, associate professor, then professor, Boston College, 1965-1974;
professor economics, Massachusetts Institute of Technology, Cambridge, since 1974;
Class of 1941 professor, Massachusetts Institute of Technology, Cambridge, since 1987;
department chairman economics, Massachusetts Institute of Technology, Cambridge, 1983-1984;
dean School Humanities and Social Science, Massachusetts Institute of Technology, Cambridge, 1984-1990. Fulbright lecturer, Helsinki, Finland, 1964-1965. Board directors Consolidated Rail Corporation, Insurance Superior vena cava syndrome Office Inc.
Board of trustees Rand Corporation.
(Following the recent deregulation of the airlines, a chor...)
(Book by Friedlaender, Ann F.)
Member American Economics Association (chairman commission on status of women in the economics profession 1978-1980, Executive Committee 1982-1984, vice president 1987).
Married Stephen Friedlaender, December 28, 1960. Children: Lucas Ferdinand, Nathaniel Marc.