Free PDF The Economics of Urban Transportation, by Kenneth Small, Erik Verhoef
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The Economics of Urban Transportation, by Kenneth Small, Erik Verhoef
Free PDF The Economics of Urban Transportation, by Kenneth Small, Erik Verhoef
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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.
- Sales Rank: #649615 in Books
- Published on: 2007-11-15
- Released on: 2007-10-04
- Original language: English
- Number of items: 1
- Dimensions: 9.94" h x .67" w x 6.85" l, 1.05 pounds
- Binding: Paperback
- 296 pages
Review
This text should appear on the shelf of everyone practising transportation economics, and is likely to become the standard in the field - David Levinson, University of Minnesota
About the Author
Kenneth A. Small is Research Professor and Professor Emeritus of Economics at the University of California at Irvine.
Erik T. Verhoef is Professor of Spatial Economics at VU University, Amsterdam.
Most helpful customer reviews
3 of 3 people found the following review helpful.
The book is good, but the class is better!!
By Pedro V. Camargo
This good is very complex for somebody that, like me, doesn't have a economics background. The math is quite simple (I'm an engineer, so my math is very good), but you need a lot of concepts and definitions from economics that you only get in regular courses of microeconomics and econometrics.
If you are not an economists and have never taken an microeconomics course, start with Varian's microeconomics book...
Other than that, I'd really recommend you to take his course at UCI if you can... His classes are great, although he only teaches once every 3 or so years...
1 of 1 people found the following review helpful.
Comprehensive and updated, a must have for the serious practitioners
By Emc2
This is a college textbook any serious transportation planner, economist and engineer must have in its library. Comprehensive and up to date. As an example, the chapter on pricing includes not only the Singapore case, but also the latest implementations of congestion pricing, including London, Norway, and Stockholm, and also a discussion of the technologies used for practical implementation of road pricing.
Though the economic impact valuation of climate change is just briefly discussed, it caught my attention that as good economists the authors had the courage of being politically incorrect by saying openly that "...precise prediction of effects of carbon dioxide on climate is impossible" (see page 105), but don't get confused, they are not deniers, the subject is objectively discussed within the context of environmental externalities caused by automobiles in urban areas.
0 of 0 people found the following review helpful.
A staple of transport economics
By T. W.
Anyone interested in the topic of transport economics must read this book. It is the most comprehensive for the field that I know off.
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