Overview

This book takes an interdisciplinary, institutional, and historically informed approach to the economics of transport, providing a more nuanced and complete understanding of human transport choices, individually and collectively, and the related choice of location, including the formation of cities. The first principles of standard economic theory – referred to here as the core model – are systematically analysed, with a particular focus on the strengths and weaknesses of the simplifying assumptions used. The economic dynamics of modern transport systems are explored in light of theory and practice, covering such topics as the role of incentives, technological change and economic growth, and the enabling role that transport plays in productivity. Many historical and present-day examples are provided to explore the real-world nuance and subtlety that crops up repeatedly in transport activity, using additional disciplinary lenses such as planning, engineering, psychology, and sociology. Overall, the book examines the implications of the unique particularities of human beings, including the quirks of their psychologies and physical bodies, for transport planning, development, and implementation. A focus is kept on the “real world” policy complications that arise so frequently in the transport arena. The book, while aimed at university students, will also appeal with its holistic, thoughtful approach to researchers interested in transport, urban planning, and its effective delivery. Policy-makers and practitioners seeking a broad overview of the field beyond their specialisations will also enjoy this book.

Full Product Details

9781032396811

Table of Contents

Reviews

“A compelling read, that flies through a vast range of ways that urban transport affects society and its space-time dimensions. It traces changes over time in technologies and economies to show how they have shifted roles of urban transport, viewed through an interdisciplinary lens that incorporates foundational economic theory.” Glen Weisbrod, founder and former CEO, Economic Development Research Group, US “A non technical approach to transport economics, enlivened by real life case studies of transport issues. Maybe a text book in name but the topics are so interestingly presented with relevant vignettes in boxes that knowledge is gained without effort.” Corinne Mulley, Professor Emerita, University of Sydney, Australia

Author Information

Cameron Elliott Gordon is Adjunct Associate Professor (Australian National University) and has been on the faculties of the City University of New York and University of Southern California; served on Transportation Research Board (TRB) programme committees; and worked in the US federal, and New York City governments.

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