By Andre de Palma, Robin Lindsey, Emile Quinet, Roger Vickerman
Bringing jointly insights and views from just about 70 of the world's prime specialists within the box, this well timed Handbook offers an up to date advisor to the newest and cutting-edge advances in shipping economics.
The accomplished insurance contains issues akin to the connection among delivery and the spatial financial system, fresh advances in trip call for research, the exterior expenses of shipping, funding appraisal, pricing, fairness matters, festival and legislation, the function of public - deepest partnerships and the advance of coverage in neighborhood bus prone, rail, air and maritime shipping.
This Handbook is designed either to be used on postgraduate and complicated undergraduate classes and as a reference for somebody operating within the box. It additionally enhances the textbook Principles of shipping Economics.
Contributors include: S.P. Anderson, H. Andersson, R. Arnott, B. Bartin, L. Basso, A. Behar, M. Ben Akiva, Y. Berechman, M. Beuthe, C.R. Bhat, J. Brocker, M.R. Brooks, okay. Button, C.G. refrain, J. Clougherty, M. Delucchi, A. de Palma, A. Estache, R. Friedrich, J. Gifford, D. Gillen, D. Graham, D. Hensher, E. Iossa, S. Jara-Diaz, E. Juan, Y. Kanemoto, M. Lafourcade, J. Laird, R. Lindsey, D. Mac Fadden, P. Mackie, D. Martimort, D. McCubbin, H. Meersman, J. Mercenier, C. Nash, T. Oum, ok. Ozbay, A.R. Pinjari, M. Ponti, S. Proost, R. Renault, P. Rietveld, E. Quinet, G. Santos, T. Tabuchi, J. Thisse, H.J.P. Timmermans, A. Trannoy, N. Treich, L. Trujillo, T. Vanelslander, E. Van de Voorde, A.J. Venables, E. Verhoef, R. Vickerman, J. Walker, W.G. Waters II, M. Wegener, ok. Yamaguchi, O. Yanmaz-Tuzel, Y. Yoshida, A. Zhang, Y. Zhang
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Additional info for A Handbook of Transport Economics
This chapter analyzes the costs and benefits of two primary modes of information acquisition: information search – for example by means of Advanced Traveler Information Systems (ATIS) – and information acquisition via trial and error. Given rapid advances in ATIS technology it seems likely that ATIS will gain importance as a source of information although situations will remain in which trial and error is more cost-effective. In some contexts, such as transport on congested road networks, better information conveys benefits not only directly to travelers who receive it, but also indirectly through changes in the decisions of informed travelers to uninformed travelers as well.
Transport generates negative externalities within the transport sector itself – congestion – as well as outside the transport sector. Transport is in most cases not utility generating by itself, but it is instrumental for other activities such as working, shopping, tourism, visiting friends or events and so forth. Similarly, transport is not directly an input of firms, but instrumental for buying, selling or exchanging information. We first introduce transport demand of households depending on monetary cost as well as on travel time.
Anming Zhang, Yimin Zhang and Joseph Clougherty (Competition and regulation in air transport) look at changes in competition and regulation in the airline industry. Following US airline deregulation in the late 1970s there has been a worldwide move away from government regulation towards liberalization of air services and ‘open skies’. The unleashing of airline competition has induced airlines to take a number of strategic actions including: mergers and consolidation; competition over service frequency, flight scheduling and fares; hub-and-spoke network formation; and international alliance agreements.