The Economics of Urban Transportation

This new edition has been fully updated, incorporating the latest trends and developments in urban transportation including the impact of climate change, the rise of car-sharing services, approaches to congestion, alternative fuels and the prospect of driverless cars. This text continues to be rigorous in approach and makes use of real-world data and econometric techniques, incorporating the latest models and empirical research. It will be of great interest to students with basic calculus and some knowledge of economic theory who are engaged with transportation economics, planning, or engineering.