Transport Economic Theory - Hardcover

Jara-Diaz, Sergio

Hardcover

ISBN 10: 0080450288 ISBN 13: 9780080450285

Publisher: Elsevier Science Ltd, 2007

Synopsis

The study of transport is the study of movements, of displacements of individuals and things in both space and time. The objective of this book is to provide the basic concepts and tools for the economic analysis of transport systems, with emphasis on the behaviour of users and operators. Distinctive features will be introduced and treated as the natural consequence of processes that deal with displacements in space-time. Emphasis will be given to the operation of transportation systems, i.e. to the actual form of combining vehicles, terminals and rights-of-way in order to produce certain level of flows of different things in different directions. Thus, ours will be a short run oriented view, dealing with the adequate usage of resources for given levels of investment. This book focuses on the behavior of users and operators outside of traditional economic behavior theory. It includes time and space as a distinctive feature of transport economics.

About this title

Review:

This is a book that is well overdue that finally integrates, in such a poetic way, the important contribution to transport microeconomic theory that Sergio Jara-Diaz has made over the last 25 years. A serious student of transport economics, admittedly one with some appreciation of essential mathematical tools, will find this book essential reading, almost the status of a primer. It is rich in structure and content, but most importantly flows naturally as the author builds up the theoretical toolkit in economic theories of production, cost, demand, valuation and pricing. The emphasis on space and time is crucial to transport economics and Sergio Jara-Diaz is a master of the craft in developing, demonstrating and convincing all of the way in which space and time should be built into the theory of transport economics. It is worth investing time in reading this book, since it will save time in having to wade through the enormous literature in the journals and other books. This book has reset the benchmark in scholarship in transport economics.

Professor David A. Hensher FASSA, Director, Institute of Transport and Logistics Studies, Faculty of Economics and Business, The University of Sydney.

About this edition

• Publisher: Elsevier Science Ltd
• Publication date: 2007
• ISBN 10: 0080450288
• ISBN 13: 9780080450285
• Binding: Hardcover
• Number of pages: 148