Transport Pricing Theory

Transport Pricing Theory examines how transportation services are priced to reflect costs, demand, and supply. It aims to balance financial viability for providers and fairness for users. Factors include infrastructure costs, fuel prices, and market competition. Proper pricing signals help optimize resource use and manage congestion, while also considering social impacts. For example, higher fees during peak times can encourage off-peak travel. Ultimately, the goal is to create a sustainable transport system that meets the needs of society while being economically efficient.