It is with this second consideration accounting for the existence of transportation economics as a field of specialization--the putative uniqueness of the problems, analytical tools, and standards of valuation involved--that this study is primarily concerned. Its main purpose is to show that, contrary to prevailing opinion, the economist's basic theories of price and value can be employed without fundamental alternation to perform the same function for transportation activities. Two chapters show that the characteristics of both an optimum transportation system and an optimum pricing system for an existing, perhaps nonoptimum system are quite similar respectively to the characteristics of long and short run equilibrium in a competitive industry. The next nine chapters demonstrate that the external economies, which have been held to require special investment criteria for transportation and other "social overhead" facilities, have their exact counterparts in every other form of economic activity. /GMRL/

  • Corporate Authors:

    Ballinger Publishing Company

    17 Dunster Street, Harvard Square
    Cambridge, MA  United States  02138
  • Authors:
    • Mohring, H
  • Publication Date: 1976

Media Info

  • Pagination: 174 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00148719
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Apr 27 1977 12:00AM