Urban Transporation Economics

This timely new edition of Kenneth A. Small's seminal textbook" Urban Transportation Economics", co-authored with Erik T. Verhoef, has been fully updated, covering new areas such as parking policies, reliability of travel times, and the privatization of transportation services, as well as updated treatments of congestion modelling, environmental costs, and transit subsidies. Rigorous in approach and making use of real-world data and econometric techniques, it 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. Small and Verhoef cover 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 and, or engineering, travel demand analysis, and many related fields. It will also be essential reading for researchers in any aspect of urban transportation.

ISBN 0415285143   Pages 296 ISBN13 9780415285148 (What's this?)   Volumes 1 Publisher Taylor & Francis Ltd   Weight (grammes) 781 Imprint Routledge   Published in London Format Hardback   Previous ISBN 9780415269766 Publication date 24 May 2006   Height (mm) 254 Library of Congress 2007014080   Width (mm) 178 DEWEY 388.4   Spine width (mm) 17 DEWEY edition DC22   Academic level Undergraduate, Postgraduate, Professional / Scholarly

		List of tables
		List of figures
		Acknowledgments
		Selected symbols and abbreviations
1		Introduction		1
2		Travel demand		4
2.1		Aggregate tabulations and models		5
2.2		Disaggregate models: methods		15
2.3		Disaggregate models: examples		28
2.4		Advanced discrete-choice modeling		33
2.5		Activity patterns and trip chaining		43
2.6		Value of time and reliability		44
2.7		Conclusions		54
3		Costs		56
3.1		The nature of cost functions		56
3.2		Cost functions for public transit		61
3.3		Highway travel: congestion technology		69
3.4		Highway travel: short-run cost functions and equilibrium		83
3.5		Highway travel: long-run cost functions		105
3.6		Intermodal cost comparisons		115
3.7		Conclusions		117
4		Pricing		119
4.1		First-best congestion pricing of highways		120
4.2		Second-best pricing		137
4.3		Congestion pricing in practice		148
4.4		Pricing of parking		153
4.5		Pricing of public transit		155
4.6		Conclusions		161
		More...