Taking a comprehensive approach to two central, closely intertwined themes in the field of transport economics, this illuminating Handbook recognizes the critical socioeconomic importance of transport pricing and financing. The expert contributors provide insights into how pricing goes beyond fulfilling pure financial requirements, and may help pursuing economic efficiency. The Handbook also devotes attention to new technologies such as digital payment channels, information provision, and dynamic pricing techniques. The authors cover the challenges and opportunities caused by the appearance of new modes of transport such as ride-hailing and automated vehicles. Furthermore, this timely Handbook also helps to address ongoing global issues such as climate change and sustainable development, explicitly recognizing challenges faced in regions across Africa, the Americas, Asia, Europe and Oceania. This immersive Handbook will provide undergraduate and postgraduate students of economics, environmental science, transport, political science and urban planning studies with a useful introduction to the topics and the necessary tools to undertake research in transport pricing and financing. Practitioners wishing to understand the theory behind transport pricing and financing decisions will also find this Handbook a useful resource.

Contents: Introduction to the Handbook on Transport Pricing and Financing 1 Daniel Hoercher, Alejandro Tirachini and Erik T. Verhoef PART I THEORETICAL FOUNDATIONS 1. History of transport pricing Roger Vickerman 9 2. Transport pricing: theory and methodologies Achim I. Czerny and Stefanie Peer 24 3. Transport pricing beyond the social optimum Erik T. Verhoef 39 4. Pricing and other instruments for climate change mitigation in private transport Henrik Andersson, Davide Cerruti and Cristian Huse 59 5. Urban form and the pricing of transport and parking Sofia F. Franco 73 6. Equity and distributional issues in transport pricing Christophe Heyndrickx and Inge Mayeres 107 7. The political economy of transport pricing and investment Bruno De Borger and Antonio Russo124 PART II TRANSPORT MODES 8. Road pricing and provision of capacity Se-il Mun and Daisuke Fukuda 146 9. Public transport: design, scale, and pricing Sergio Jara-Diaz, Antonio Gschwender and Daniel Hoercher 171 10. From taxis to ride-hailing: market equilibrium analysis and implications for regulations Xiaolei Wang and Fangfang Yuan 190 11. The economics of airports' pricing Tiziana D'Alfonso, Martina Gregori, Hugo E. Silva and Leonardo J. Basso 207 12. Pricing in freight transport 229 Edoardo Marcucci, Valerio Gatta, Michele Simoni and Ila Maltese 13. Connected and automated vehicles: effects on pricing 252 Cesar Nunez and Alejandro Tirachini PART III TRANSPORT FUNDING AND FINANCING 14. Transport funding and financing: a conceptual overview of theory and practice 273 Jose Manuel Vassallo and Laura Garrido 15. Investment appraisal: links between finance and economics 295 Georgina Santos, Iven Stead and Tom Worsley 16. The regulation of public-private partnerships 311 Eduardo Engel, Ronald Fischer and Alexander Galetovic 17. Financing sustainable transport infrastructure in emerging markets and developing economies 330 Jose C. Carbajo 18. Transport financing and regional development 348 Javier Asensio and Anna Matas PART IV REGIONAL PERSPECTIVES 19. Road transport pricing and financing in Africa 364 Leonard Mwesigwa, Moez Kilani and Matti Siemiatycki 20. A review of selected transport pricing, funding and financing issues in Asia 380 Wei Liu, Fangni Zhang, Xiaolei Wang and Yili Tang 21. Transport pricing in Europe 394 Chris Nash and Heike Link 22. Pricing urban transport in Latin America 417 Andres Gomez-Lobo and Tomas Serebrisky 23. Road pricing applications in North America 436 Mark Burris, John Brady and Sruthi Ashraf 24. Transport pricing and financing in Oceania 452 John Stanley and David A. Hensher Index 472