Economics at the wheel
Subtitle: the costs of cars and drivers
By: Richard C. Porter.
Publisher: Academic Press
Published: 1999
Place of publication: San Diego
Language: eng
Number of pages: 258
Subjects: Transportation, Automotive -- Economic aspects; Automobiles -- Economic aspects; Automobiles -- Environmental aspects
Description: Beyond issues of convenience, style, safety, innovation, and mobility, automobiles raise questions about the ways that markets work and do not work. Almost all of our automobile problems arise from the car's generation of external costs. These costs, when added to the private costs of driving, make driving a socially expensive habit. And by evaluating this habit from an economic perspective, we can develop cost-effective policies to save lives, use less gasoline, and decrease pollution.

In his examination of automobiles, driving habits, and government policies, Richard Porter presents an analysis and critique of cars and the ways they are regulated.
Notes: Includes bibliographical references (p. 229-247) and index.