A01=Barry E Prentice
A01=Darren Prokop
Author_Barry E Prentice
Author_Darren Prokop
Business Management
Category=KNG
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Modal Supply Response
Transportation Demand
Transportation Economics
Product details
- ISBN 9789814656160
- Publication Date: 13 Jan 2016
- Publisher: World Scientific Publishing Co Pte Ltd
- Publication City/Country: SG
- Product Form: Hardback
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Transportation is the world's largest invisible industry. Modern society is completely dependent on transportation to sustain its way of life, and it is all around us constantly. Yet the economics of transportation is a mystery to most people. Why do air fares rise and fall? Why do urban transit systems struggle to survive and require such large public subsidies? Why does freight transport cost more to move in one direction than an equal distance in another? Why is the government so heavily involved in transportation? Concepts of Transportation Economics provides explanations to these queries and many more, as well-renowned experts in the field, Barry E Prentice and Darren Prokop interpret the unique dynamics underlying transportation through the lens of applied economics, and demonstrate that the operations of transportation are completely logical and obvious once the concepts that underlie business decisions and consumer reactions are explained.
