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The Economics of Urban Transportation
Abstract
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.
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Cites
Sample Selection Bias as a Specification Error
Heckman, J. J. (1979) · Econometrica · doi:10.2307/1912352 · Cited by 28,779
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Frank, M., & Wolfe, P. (1956) · Naval Research Logistics Quarterly · doi:10.1002/nav.3800030109 · Cited by 3,030
Cited by
Induced demand and rebound effects in road transport
Hymel, K. M., Small, K. A., & Dender, K. V. (2010) · Transportation Research Part B: Methodological · doi:10.1016/j.trb.2010.02.007 · Cited by 334
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On the use of reservation-based autonomous vehicles for demand management
Lamotte, R., de Palma, A., & Geroliminis, N. (2017) · Transportation Research Part B: Methodological · doi:10.1016/j.trb.2017.01.003 · Cited by 90
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Will all autonomous cars cooperate? Brands' strategic interactions under dynamic congestion
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Metadata
- Authors
- Small, K. A., Verhoef, E. T., & Lindsey, R.
- Venue
- Routledge eBooks
- Publisher
- Routledge
- Published
- 2007-10-18
- OpenAlex
- W1574552435
- Cited by
- 1,030
- References
- 2
- FWCI
- 98.93
- Type
- book
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.