Now showing items 1-3 of 3

    • Interdependent pricing and markup behavior : an empirical analysis of GM, Ford and Chrysler 

      Berndt, Ernst R.; Friedlaender, Ann Fetter; Wang Chiang, Judy S. (MIT Center for Energy and Environmental Policy Research, 1990)
      In this paper we show how to adapt the traditional contingent claims valuation techniques to correctly value the firm and its liabilities in the presence of agency costs. This enables us to measure the significance of the ...
    • Rail costs and capital adjustments in a quasi regulated environment 

      Friedlaender, Ann Fetter (MIT Center for Energy and Environmental Policy Research, 1991)
      This paper reports on results obtained from the estimation of a rail cost function using a pooled-time series, cross section of Class I railroads for the period 1974-1986. An analysis is performed of short-run and long-run ...
    • Rail costs and capital adjustments in a quasi-regulated environment 

      Friedlaender, Ann Fetter (MIT Center for Energy and Environmental Policy Research, 1990)
      This paper reports on results obtained from estimation of a rail cost function using a pooled time-series cross section of Class I U.S. railroads for the period 1973-1986. Based on the results of this cost function, an ...