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Transport Economics, 3rd Edition

Kenneth Button, University Professor, Schar School of Policy and Government, George Mason University, US
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.
Extent: 528 pp
Hardback Price: $205.00 Web: $184.50
Publication Date: 2010
ISBN: 978 1 84064 189 9
Availability: In Stock
Paperback Price: $74.00 Web: $59.20
Publication Date: 2010
ISBN: 978 1 84064 191 2
Availability: In Stock
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  • Economics and Finance
  • Transport
  • Environment
  • Transport
  • Urban and Regional Studies
  • Transport
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.
‘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
Contents: Preface 1. Transport and Economics 2. Transport, Transport Markets and Transport Industries 3. Movement, Transport and Location 4. The Demand for Transport 5. The Direct Costs of Transport 6. The External Costs of Transport 7. Pricing of Transport Services 8. Containing the Environmental Costs of Transport 9. Optimizing Traffic Congestion 10. Some Economics of Transport Logistic 11. Investment Criteria – Private and Public Sector Analysis 12. Transport Planning and Forecasting 13. Transport and Development 14. The Economic Regulation of Transport Index