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- The World's First Railway System: Enterprise, Competition, and Regulation on the Railway Network in Victorian Britain
The World's First Railway System: Enterprise, Competition, and Regulation on the Railway Network in Victorian Britain
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This is the first history of the British railway system written from a modern economic perspective. It uses conterfactual analysis to construct an alternative network to represent the most efficient alternative rail network that could have been constructed given what was known at the time - the first time this has been done.
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