Overview
- Editors:
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Pablo Coto-Millán
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Department of Economics, Universidad de Cantabria, Santander, Spain
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Vicente Inglada
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Department of Applied Economics II, Universidad Complutense de Madrid, Pozuelo Madrid, Spain
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Table of contents (20 chapters)
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Valuation of Benefits and Costs
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- Pablo Coto-Millán, Vicente Inglada, Juan Castanedo-Galán, Miguel A. Pesquera, Ramón Núñez-Sánchez
Pages 273-289
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Transportation Network and Information and Communications Technology
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Front Matter
Pages 291-291
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- Raffael Argiolu, Rob van der Heijden, Vincent Marchau
Pages 293-315
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- Lei Zhang, David Levinson
Pages 317-339
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- Kevin J. Krizec, Andrew Johnson
Pages 363-381
About this book
An analysis of the history of economic thought reveals that transport and econ- ics have always gone hand-in-hand. Many methodological developments in e- nomic theory have emerged from the sphere of transport; Jules Dupuit (1849) and Arthur C. Pigou (1912), for example, proposed price setting in transport inf- structures, particularly on congested roads. This issue is referred to in economic literature as optimum price setting and is still the subject of much attention even today. It is difficult to imagine how the transcendental change in economic dev- opment brought about by the industrial revolution would have occurred without the invention of the railway. Today’s "new economics", which is for some an - novative concept in economic science, is also closely linked to transport. However, not only is transport present in the entire economic tissue, it is also a key element in individual behaviour, revealed in decisions about work, place of residence and location of companies, among others. One characteristic of transport is that it is a service that can also be used as an intermediary factor in the production process or form part of final household c- sumption. Studies on this sector therefore have a number of dimensions. As it encompasses a number of branches of economic theory, the study of transport from an economic point of view is an ideal test bench for applying the methodological developments of economic science to the real world.
Editors and Affiliations
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Department of Economics, Universidad de Cantabria, Santander, Spain
Pablo Coto-Millán
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Department of Applied Economics II, Universidad Complutense de Madrid, Pozuelo Madrid, Spain
Vicente Inglada