(Answered) Question read the metrolink case study of the text as well

Economics

Question: Read the Metrolink case study of the text as well as the Reuters article on train safety rules: Buffett May Benefit as Train Lobby Bids to Weaken Safety Rule.

In your post, consider the following questions:

• What was the cause of the Metrolink accident and could it have been avoided?

• Is the high cost of train control justified by the likely safety gains for passengers?

• Is the money spent to regulate railroad safety being spent in the most efficient way to reduce the risks of death and injury in society?

• If you had been a lobbyist wishing to influence safety legislation after the crash, what would your strategy have been?

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