Transport Economics is a revised and refined fourth edition of a well-established textbook which applies economic analysis to transport issues. Each chapter has been carefully reworked and includes new material dealing with the regulation of transport markets. To assist in pedagogy, twenty or so free standing ‘Exhibits’ now provide a variety of case studies and narratives to supplement the text. More up-to-date examples and illustrations also make the understanding of economic principles easier and assist in the assimilation of economic concepts.

'In the 3rd edition of Transport Economics Button draws together the burgeoning literature in transportation economics. It is a comprehensive standalone text covering all aspects of the field including new sections on logistics and congestion pricing. It should be required reading for every student of transportation and on the library shelf of all transportation researchers and practitioners, an excellent book.' David Gillen, University of British Columbia, Canada Acclaim for the second edition: 'To the literature in the field of transport economics, this is a most welcome addition. Primarily a textbook on theory, it also contains many references to applied studies. . . The book is written in a lucid style and consequently is easy to read and understand.' J.P. Hanlon, Transport 'It is admirably structured, with an introductory chapter placing transport in its economic context and relating transport and location economics.' Urban Studies 'This book is written in a clear, easy to understand style. It is essential reading for those studying for the Institute's Transport Economics examination as well as for undergraduate and postgraduate students of the subject. . . The book offers good value for money and is strongly recommended to anyone with an interest in transport economics.' M.R. Cairns, Transport ' . . . this book does read very much like a textbook; it explains economic concepts clearly, often in both words and mathematical equations, and identifies their relevance in the transport field. . . Transport Economics does provide a good basis with which to understand most of the issues behind what is one of the fastest moving areas of environmental activity in an area where most books will be out of date almost as soon as they are written anyway.' Marcus Enoch, Environmental Politics Transport Economics is a thoroughly revised edition of a well-established textbook which applies economic analysis to transport issues. Each chapter has been carefully reworked and includes new material dealing with the regulation of transport markets. The theoretical content is supported with considerable empirical evidence drawn from a wide range of international sources. Although aimed primarily at university students, this volume is accessible to non-specialists who have an interest in transport economics. It has no modal bias but rather examines in general terms the many aspects of the demand for, and supply of, transport together with the various methods of government intervention needed to ensure that social and environmental criteria are attained. This successful and widely adopted textbook has been meticulously revised and updated for the third edition. As the best intermediate text currently available, it will be welcomed by students, policymakers and all those concerned with the supply of transport services.

Transportation is the world's largest invisible industry. Modern society is completely dependent on transportation to sustain its way of life, and it is all around us constantly. Yet the economics of transportation is a mystery to most people. Why do air fares rise and fall? Why do urban transit systems struggle to survive and require such large public subsidies? Why does freight transport cost more to move in one direction than an equal distance in another? Why is the government so heavily involved in transportation? Concepts of Transportation Economics provides explanations to these queries and many more, as well-renowned experts in the field, Barry E Prentice and Darren Prokop interpret the unique dynamics underlying transportation through the lens of applied economics, and demonstrate that the operations of transportation are completely logical and obvious once the concepts that underlie business decisions and consumer reactions are explained.

Freight Transport and the Modern Economy adapts a well-known textbook by Michel Savy, revising, extending and updating it for British, European and international readers. It deals not only with the technical aspects of transport, logistics and supply chain management, but also the interactions between transport professionals and the public authorities in the modern social, political, economic and environmental context. The transport of freight is presented as a system, mixing empirics and theory, showing how transport itself functions and also its strong influence on the modern economy, with a growing volume of production, turnover and employment. The nature of freight transport, an industrial process widely marketed as a service, is analysed in depth, explaining the main characteristics of the transport operation, its market and the regulatory context. The main actors, the professional actors (carriers, shippers and other agents) and the public authorities are introduced, and their behaviour and interactions are clarified. This comprehensive approach allows the reader to go further and consider in particular the approaches and practices of transport by carriers, customers, logistics managers, political decision makers and citizens, to tackle long range issues such as the ‘decoupling’ of production and transport recommended by some institutions and experts, and to explore the need for more infrastructure, or the capacity of the freight transport industry to reduce its contribution to pollution and climate change. This book treats freight transport as a whole system in its technical, economic, social, political and environmental context, in contrast to existing transport literature focused on individual aspects, such as transportation planning (usually for cars or passengers), logistics (essentially management issues), or individual transport modes. This book is comprehensive in its treatment of freight transport and in its use of multiple disciplinary perspectives.

What is Transport Economics It was in 1959 that the American economist John R. Meyer established the field of economics known as transport economics. This subfield of economics focuses on the distribution of resources within the transportation industry. It is closely connected to the field of civil engineering. The assumption of a spaceless and instantaneous economy is not valid in the field of transport economics, which is one of the most notable differences between it and other subfields of economics. There are specific speeds at which people and products move via networks. It is at its peak. The purchasing of tickets in advance is frequently prompted by reduced prices. Whether or not the networks themselves are competitive is a matter of opinion. The combination of services offered by multiple companies, agencies, and means of transportation may be necessary for a single journey. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Transport economics Chapter 2: Highway Chapter 3: Externality Chapter 4: Road pricing Chapter 5: Congestion pricing Chapter 6: Traffic congestion Chapter 7: Area Licensing Scheme Chapter 8: Induced demand Chapter 9: Transportation demand management Chapter 10: Generalised cost Chapter 11: Motoring taxation in the United Kingdom Chapter 12: Economics of car use Chapter 13: Car dependency Chapter 14: Road space rationing Chapter 15: San Francisco congestion pricing Chapter 16: Vehicle miles traveled tax Chapter 17: Public transport Chapter 18: Option value (costbenefit analysis) Chapter 19: Effects of cars Chapter 20: Mobility as a service Chapter 21: Market urbanism (II) Answering the public top questions about transport economics. (III) Real world examples for the usage of transport economics in many fields. (IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of transport economics. (eBook only). Who will benefit Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of transport economics.

Conference participants sought to identify gaps in the data and analytic tools needed to support economic analysis as related to transportation investment and to develop research proposals designed to fill those gaps. The opening day of the conference featured presentations by economists, transportation analysts, and policy makers on the theory and practice of economic analysis and its usefulness to decision makers. The second and third days of the conference revolved around participatory workshops. Six separate working groups deliberated over three questions: (1) What is the appropriate level of investment in transportation to encourage economic health? (2) How should projects be prioritized within a multimodal transportation program? (3) How much revenue is likely to flow from user charges, tolls, and other sources? At the conclusion of its deliberations, each working group developed a list of research proposals, which it then presented to the conference as a whole.

'This Handbook is a stellar compilation of up-to-date knowledge about the important topics in transport economics. Authors include the very best in the field, and they cover the most important topics for today's research and policy applications. Individual chapters contain sound, readable, well referenced explanations of each topic's history and current status. I cannot think of a better place to start for anyone wanting to become current in the field or in any of its parts.' – Kenneth Small, University of California-Irvine, US Bringing together insights and perspectives from close to 70 of the world's leading experts in the field, this timely Handbook provides an up-to-date guide to the most recent and state-of-the-art advances in transport economics. The comprehensive coverage includes topics such as the relationship between transport and the spatial economy, recent advances in travel demand analysis, the external costs of transport, investment appraisal, pricing, equity issues, competition and regulation, the role of public–private partnerships and the development of policy in local bus services, rail, air and maritime transport. This Handbook is designed both for use on postgraduate and advanced undergraduate courses and as a reference for anyone working in the field. It also complements the textbook Principles of Transport Economics.

Practically everybody in the community uses the transport system, and an eighth of personal consumption expenditure in Britain is spent on transport. This book, first published in 1980 and revised in 1984, presents a synthesis of theoretical and empirical material to explain the elements of transport economics. These include demand, supply, pricing and investment, and the importance of institutional arrangements is emphasised in chapters on transport planning, and on international transport, in which shipping and airline economics are analysed.

Brings economic regulation to life by tracing theoretical insights through to real-world applications in eight essential regulated sectors.