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Graham Mallard and Stephen Glaister
Palgrave Macmillan: Basingstoke, UK
ISBN-13: 978-0-230-51687-8
hardback,
ISBN-10: 0-230-51687-4
hardback,
ISBN-13: 978-0-230-51687-5
paperback,
ISBN-10: 0-230-51688-2
paperback.
The role that transportation plays in the national economy and in the globalised world cannot be overstressed, as the decisions of economic agents in the transportation sector have overarching effects on the economy as a whole. As a result, transport policy may be a powerful instrument in the hands of governments and this is a sufficient reason to consider the economics of transportation an interesting subject of study in its own right. The book of Mallard and Glaister is a clear and accessible presentation of the interconnections between economic theory, transport applications and policy with a strong emphasis on bridging the gap between concepts and real life. With their lucid and comprehensive textbook that frames transportation in economic theory, the authors manage...