Transport Economics: Fundamentals, Applications and Policy (Routledge Advanced Texts in Economics and Finance)

Transport Economics employs the principles and theories of microeconomics to analyses issues in transportation and the transport sector. Space and the intricate interaction between transport sector and the rest of the economy, complications of network effects and choices between heterogeneous services (e.g. car versus bus trips or inter-continental versus regional air freight) make analysis of the market and allocation of costs difficult. This book seeks to fill the gap and provides an Asian perspective and examples.