Textbook
Transport economic theory
This is a book that is well overdue that finally integrates, in such a poetic way, the important contribution to transport microeconomic theory that Sergio Jara-Díaz has made over the last 25 years. A serious student of transport economics, admittedly one with some appreciation of essential mathematical tools, will find this book essential reading, almost the status of a primer. It is rich in structure and content, but most importantly flows naturally as the author builds up the theoretical toolkit in economic theories of production, cost, demand, valuation and pricing. The emphasis on space and time is crucial to transport economics and Sergio Jara-Díaz is a master of the craft in developing, demonstrating and convincing all of the way in which space and time should be built into the theory of transport economics. It is worth investing time in reading this book, since it will save time in having to wade through the enormous literature in the journals and other books. This book has reset the benchmark in scholarship in transport economics.
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