Transportation Policy and Economic Regulation: Essays in Honor of Theodore Keeler addresses pressing transportation issues--such as cabotage in air transport--providing understanding of the effectiveness of current and proposed policy. The book examines new policies, such as global airline deregulation and competitive bidding, across all major transportation modes. The book evaluates the economic impact and effectiveness of various policies, employing empirical analyses and new estimation techniques, such as Bayesian analysis. The book is designed for transportation professionals...