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Transport Economic Theory

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ISBN-10: 0080450288

ISBN-13: 9780080450285

Edition: 2007

Authors: Sergio Jara-Diaz

List price: $125.99
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Description:

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…    
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Book details

List price: $125.99
Copyright year: 2007
Publisher: Emerald Publishing Limited
Binding: Hardcover
Pages: 140
Size: 6.74" wide x 9.52" long x 0.43" tall
Weight: 0.902
Language: English

About the Author
Prologue
Table of Contents
Presentation
Transport production and cost structure
Introduction
Transport production
Product and Technology
The simple cyclical system
The three nodes system
Scale economies
Transport cost functions: the theory
Basic definitions and properties
Scale and scope in transport production
The conditional and global cost functions: the role of flows and network
Transport cost functions: the empirical work
Transport output and the estimation of cost functions
Functional form
Output aggregates
Marginal costs, elasticities and scale from aggregates
Economies of density and economies of network size
Spatial scope from aggregates
Synthesis
Travel Demand and Value of Time
Introduction
Discrete choices in travel demand
General approach
The discrete choice framework: quality and income
The goods/leisure framework
Extensions
Time allocation: a framework for the analysis of time value
Theories
Discussion
A unified travel-activities model
The approach
The formulation
Estimation and values of time
Discrete travel choices
Comments
Synthesis
Valuation of users' benefits in transport systems
Introduction
Traditional approaches
The Marshallian consumer's surplus
The rule-of-a-half
Back to the drawing board
The neo-classical approach: Basics
The compensating and equivalent variations
Linking consumer's surplus with equivalent and compensating variations
Users' benefits from qualitative changes
Income effect in the estimation of users' benefits
Derived nature of transport demand and economic benefits
Social benefits from transport projects
Synthesis
Optimal Transport Pricing
Introduction
Optimal pricing in the single output case
Extension to transport systems
A general optimal price
Particular case 1: Private transport
Particular case 2: Public transport
Optimal fares with multiple outputs
General solutions
Applications using the Logit model
Role of individuals' sensitivity to price and quality
Synthesis and discussion
References
Index