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Curb Rights: A Foundation for Free Enterprise in Urban Transit by Daniel B. Klein,

The authors of this book say it's time to rethink the fundamental structure of transit policy. The book focuses on street-based transit - buses, shuttles, marketing services and jitneys. The authors propose that urban transit be brought into the fold of market activity by establishing property rights not only in vehicles, but also in curb zones marketing services and transit stops. Market competition marketing services and entrepreneurship would depend on a foundation of what they call "curb rights". By creating exclusive marketing services and transferable curb rights (to bus stops marketing services and other pickup points) leased by auction, the authors contend that American cities can have the best of both kinds of markets - scheduled (and unsubsidized) bus service marketing services and unscheduled but faster marketing services and more flexible jitneys. They maintain that a carefully planned transit system based on property rights would rid the transit market of inefficient government production marketing services and overregulation. It would also avoid the problems of a lawless market - cutthroat competition, schedule jockeying, marketing services and even curbside conflict among rival operators. Entrepreneurs would be free, able, marketing services and driven to introduce ever better service, revise schedules marketing services and route structures, establish connections among transit providers, facilitate passenger interchange, introduce new vehicles, marketing services and use new pricing strategies. And travelers would find public transit more attractive than they do now.
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