ABSTRACT
This chapter seeks to provide an understanding of the economics and financial options that determine the success or failure of urban mobility systems. Each such system includes a range of mobility options, from walking to rail-based metro systems. In economic terms, the various modes of urban mobility are both complementary and competitive. They are complementary because residents typically avail themselves of more than one travel mode as they go about the daily activities of urban life. At the same time these modal alternatives often compete for passengers. If better-coordinated and sustain able transport systems are to evolve out of such complex systems, it is going to require an understanding of the incentives and disincentives faced by buyers and sellers of transport services.
