Transportation Economics

Transportation Economics

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Transportation Economics explores the efficient use of society's scarce resources for the movement of people and goods. This book carefully examines transportation markets and standard economic tools, how these resources are used, and how the allocation of society resources affects transportation activities. This textbook is unique in that it uses a detailed analysis of econometric results from current transportation literature to provide an integrated collection of theory and application. Its numerous case studies illustrate the economic principles, discuss testable hypotheses, analyze econom...