Transport Economics

Theory, application and policy

by Graham Mallard and Stephen Glaister

Table of Contents

  • Foreword - Professor Geoff Harcourt of Jesus College, The University of Cambridge
  • Introduction

PART ONE: SETTING THE SCENE

  • The History of Transport
  • The Importance of Transport

PART TWO: THE THEORY OF MARKETS

  • The Demand for Transport
  • Markets, Costs and Revenues
  • Competition and Contestability
  • Monopoly
  • Monopolistic Competition
  • Oligopoly
  • Mathematical Appendix

PART THREE: MARKET FAILURE

  • Externalities
  • Public and Demerit Goods
  • Inequality and Asymmetric Goods

PART FOUR: POLICY

  • Privatisation and Deregulation
  • Project Appraisal - Cost-Benefit Analysis
  • Transport Investment
  • General Forms of Government Intervention
  • Tackling Traffic Congestion

PART FIVE: THE FUTURE