The Economics of Urban Transportation

by Kenneth A. Small, Erik T. Verhoef, Robin Lindsey

Overview

This new edition of The Economics of Urban Transportation incorporates the latest research, trends and developments which affect the planning, implementation, and design of transport systems in our towns and cities. These include the impact of climate change, the rise of car-sharing services, new approaches to congestion, alternative fuels and the prospect of driverless cars. This edition also provides increased coverage of topics in aviation including airline networks, runway pricing and airport capacity to incorporate the full range of modes of urban transportation.

Rigorous in approach and making use of real-world data and econometric techniques, the book contains case studies from a range of countries including congestion charging in Norway, Singapore and the UK, light rail in the Netherlands and freeway tolls in the US.

This text covers all basic topics needed for any application of economics to transportation:

• forecasting the demand for transportation services under alternative policies
• measuring all the costs including those incurred by users
• setting prices under practical constraints
• choosing and evaluating investments in basic facilities
• designing ways in which the private and public sectors interact to provide services.

This book will be of great interest to students with basic calculus and some knowledge of economic theory who are engaged with transportation economics, planning, or engineering, and many related fields. It will also be essential reading for researchers in any aspect of urban transportation.

Product Details

ISBN-13:	9781138069053
Publisher:	Taylor & Francis
Publication date:	06/10/2024
Edition description:	3rd ed.
Pages:	432
Product dimensions:	6.88(w) x 9.69(h) x (d)

About the Author

Kenneth A. Small is Professor Emeritus of Economics at the University of California at Irvine, USA.

Erik T. Verhoef is Professor of Spatial Economics at VU Amsterdam, the Netherlands.

Robin Lindsey is Professor in the Operations and Logistics Division at the Sauder School of Business, University of British Columbia, Canada.

Table of Contents

Chapter 1: Introduction

Chapter 2: Travel Demand

Chapter 3: Costs

Chapter 4: Pricing and Equilibrium Usage

Chapter 5: Investment

Chapter 6: Industrial Organization of Transportation Providers

Chapter 7: Transportation, Energy, and Climate Change

Chapter 8: Transportation and Land Use

Chapter 9: Conclusion

Editorial Reviews

This text should appear on the shelf of everyone practising transportation economics, and is likely to become the standard in the field - David Levinson, University of Minnesota

From the Publisher