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 ...

Essays on Transport Economics 2007, Springer, New York, NY

ISBN-13: 9783790817645

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