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Environment and Transport in Economic Modelling (Hardcover, 1998 ed.)
Loot Price: R3,001
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Environment and Transport in Economic Modelling (Hardcover, 1998 ed.)
Series: Economics, Energy and Environment, 10
Expected to ship within 10 - 15 working days
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The analysis of the relationship between transport and
environmental policy invites an interdisciplinary treatment and a
variety of approaches, and rightly so. An important subset of the
approaches used involves economic analysis. Economic approaches
often consider pricing policies, attempting to evaluate their
effectiveness in comparison with more traditional measures such as
command and control' regulation and directed technological
innovation. Another important subset of approaches involves
simulation modelling, where key relationships are presented
mathematically so that their influence can be quantified and their
interrelationships discerned precisely. This book treats the
intersection of these two subsets: simulation models with a strong
economic content. This intersection defines a broad but powerful
way to study environment and transport. Its breadth is illustrated
by the wide range of policies treated here, from carbon taxes to
speed limits. Its power derives from the way insights into
interrelated actions and the role of markets - the strong points of
economic theory - are cast into a form suitable for making
quantitative predictions about the results of policies. Case
studies are used to show how simulation models can be designed and
used to quantify the effectiveness of economic policies in terms of
transport systems management and environmental protection, the
emphasis being on the role of the markets in tracing the many
effects that policies have, both anticipated and otherwise.
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