Transport Economic Theory

Transport Economic Theory Review

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.

Economic Impacts of Intelligent Transportation Systems, Volume 8: Innovations and Case Studies (Research in Transportation Economics)

Economic Impacts of Intelligent Transportation Systems, Volume 8: Innovations and Case Studies (Research in Transportation Economics) Review

There are unique complexities associated with the economic valuation of Intelligent Transportation Systems (ITS) and telematics. Traditional methods of quantitative analysis may not be appropriate in accurately and reliably assessing the economic impacts of these technologies. Although advanced transportation and related technologies are being planned and deployed at an increasingly rapid pace, many of the technologies are still relatively new, and their use may not be widespread. Much of the initial information and statistics gathered have been anecdotal and have focused more on benefits rather than costs. Therefore, difficulties arise due to the lack of historical data and 'lessons learned' from which to draw upon. In addition, compared with traditional transportation infrastructure, ITS technologies have different life cycles, cost structures, and a number of interrelated elements. This book addresses these concerns and proposes new economic assessment techniques as well as modifications to existing ones. Included are case studies from a multitude of North American, European, and Asian nations and major metropolitan areas covering a wide range of ITS technologies including freeway management, electronic toll collection, advanced driver assistance systems, and traveller information systems.