Introduction / Scott M. Dennis and Wayne K. Talley -- Evolution of railroad economics / William G. Waters II -- A Hedonic cost function approach to estimating railroad costs / John D. Bitzan and Wesley W. Wilson -- Spatially generated transportation demands / Kenneth Train and Wesley W. Wilson -- Rail passenger demand forecasting : cross-sectional models revisited / Mark Wardman, William Lythgoe and Gerard Whelan -- Railroad pricing and revenue to cost margins in the post-Staggers era / Marc Ivaldi and Gerard McCullough -- Options for restructuring the state-owned monopoly railway / Russell Pittman -- Trespassing on the railroad / Ian Savage -- Energy use and pollutant emissions impacts of shortline railroad abandonment / Michael W. Babcock and James L. Bunch -- Earnings differentials of railroad managers and labor / James Peoples and Wayne K. Talley.