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This book, first published in 1974, provides a comprehensive review of the application of economic concepts to the appraisal of transport systems. It presents the basic economic ideas underlying their application to transport appraisal. The exposition of these concepts links recent advances in economic theory to practical evaluation procedures. The bulk of the book is concerned with how the basic concepts may be put to use.
This set of previously out-of-print titles is an essential reference collection on the topic of transport economics. Providing in-depth analysis on a variety of aspects, including the economics of the airfreight, shipping and rail industries, it also examines the economics of road transport and more focused areas such as containerisation.