text covering all aspects of the field including new sections on logistics and congestion pricing. It should be required reading for every student of transportation and on the library shelf of all transportation researchers and practitioners, an excellent book.'- David Gillen, University of British Columbia, Canada Transport Economics is a thoroughly revised edition of a well-established textbook which applies economic analysis to transport issues. Each chapter has been carefully reworked and includes new material dealing with the regulation of transport markets. The theoretical content is supported with considerable empirical evidence drawn from a wide range of international sources. Although aimed primarily at university students, this volume is accessible to non-specialists who have an interest in transport economics. It has no modal bias but rather examines in general terms the many aspects of the demand for, and supply of, transport together with the various methods of government intervention needed to ensure that social and environmental criteria are attained. This successful and widely adopted textbook has been meticulously revised and updated for the third edition. As the best intermediate text currently available, it will be welcomed by students, policymakers and all those concerned with the supply of transport services.Contents: Preface 1. Transport and Economics 2. Transport, Transport Markets and Transport Industries 3. Movement, Transport and Location 4. The Demand for Transport 5. The Direct Costs of Transport 6. The External Costs of Transport 7. Pricing of Transport Services 8. Containing the Environmental Costs of Transport 9. Optimizing Traffic Congestion 10. Some Economics of Transport Logistic 11. Investment Criteria -- Private and Public Sector Analysis 12. Transport Planning and Forecasting 13. Transport and Development 14. The Economic Regulation of Transport Index

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