Principles of Transportation Economics is an introduction into the distinctive elements of transportation economics, describing how the standard pieces of economic analysis are applied in the transport sector. Boyer's text reflects transportation economics as it is taught and practiced today. Unlike its many predecessors, its arguments do not discuss the practice of economic regulation. Legal issues and concerns of regulatory process are no longer a central part of transportation economics, and this book reflects this shift. The analysis covers the modern developments of subsidy-free pricing and stand-alone costing.

This book is designed to provide an analytical approach to transport economics with reference to the development of both national and EU transport policy.

We are spurred into action by our troubles and fears; but all too often our action fails to address the true causes of our worries. When trying to make sense of our lives, we tend to blame our own failings and weaknesses for our discomforts and"

This book provides an explanation of key underlying economic principles, enabling the reader to better understand the critical factors that structure and guide transport markets.

This book is designed to provide an analytical approach to transport economics with reference to the development of both national and EU transport policy.

Transportation is the world's largest invisible industry. Modern society is completely dependent on transportation to sustain its way of life, and it is all around us constantly. Yet the economics of transportation is a mystery to most people. Why do air fares rise and fall? Why do urban transit systems struggle to survive and require such large public subsidies? Why does freight transport cost more to move in one direction than an equal distance in another? Why is the government so heavily involved in transportation? Concepts of Transportation Economics provides explanations to these queries and many more, as well-renowned experts in the field, Barry E Prentice and Darren Prokop interpret the unique dynamics underlying transportation through the lens of applied economics, and demonstrate that the operations of transportation are completely logical and obvious once the concepts that underlie business decisions and consumer reactions are explained.