In this chapter, the experience of production and cost analysis in transportation is reviewed. The key production and cost analysis needs of the sector can be identified providing strategic operational insight, establishing evidence as to which market and regulatory structures yield best outcomes and providing the evidence base for regulatory scrutiny either through yardstick competition or more formal price cap regulation. The upshot of this is that transportation has provided the motivation and illustration for many innovations within production, cost, and efficiency methods, and this chapter brings to life the issues and solutions found in the sector.
CITATION STYLE
Wheat, P., Odolinski, K., & Smith, A. (2022). Applications of Production Theory in Transportation. In Handbook of Production Economics (pp. 1491–1524). Springer Singapore. https://doi.org/10.1007/978-981-10-3455-8_39
Mendeley helps you to discover research relevant for your work.