This timely new edition of Kenneth A. Small's seminal textbook Urban Transportation
Economics, co-authored with Erik T. Verhoef, has been fully updated, covering new areas …

Changing fuel prices and new energy policy initiatives have heightened interest in the
appropriate level of gasoline taxation. These taxes vary dramatically across countries …

Bicycle use varies strongly between countries, and even between municipalities within the
same country substantial variations may exist. This paper analyses to what extent …

This paper discusses the nature, and magnitude, of externalities associated with automobile
use, including local and global pollution, oil dependence, traffic congestion and traffic …

Exploiting the natural experiment created by an unanticipated court injunction, we evaluate
driver responses to road pricing. We find evidence of intertemporal substitution toward …

Principles of Transport Economics is a topical, comprehensive and highly informative book,
not just on principles, as the title announces, but also on the facts and figures, the empirical …

For several decades growth of traffic volumes has outstripped investments in road
infrastructure. The result has been a relentless increase in traffic congestion. Congestion …

We formulate a model of reference-dependent preferences based on the marginal rate of
substitution at the reference-point of a reference-free utility function. Using binary choices on …

On the basis of the environmental tax literature, this article recommends a system of
upstream taxes on fossil fuels, combined with refunds for downstream emissions capture, to …

This paper reviews literature on the optimal design of pricing policies to reduce urban
automobile congestion. The implications of a range of complicating factors are considered; …