The move in the past decade to deregulate industries that were tightly regulated has raised the question of whether decreased regulation has brought with it decreased safety. The book considers this question in relation to the airline and motor freight industries, and the studies conclude that there is little evidence that these forms of transport have become less safe as a result of deregulation. The book derives from a conference which attracted scholars of excellent reputation in the field of regulation and safety, including Thomas Gale Moore, W. Kip Viscusi, Elizabeth E. Bailey, and Joseph Stiglitz. Although the studies concentrate on transportation in America, there is a chapter which deals exclusively with the question of regulation of road freight transport in Great Britain.