Topic Area E: Transport Economics and Finance

This Topic Area deals with key aspects of evaluation, pricing, financing, and economic regulation. Under this topic, the private and social costs and benefits of transport systems (infrastructure and services) are appraised, based on consistent economic criteria. It also helps to understand the roles of each level of government, and develop policy and regulatory proposals, including the issues of pricing, private and public finance and investment choices. This area is concerned with all modes of transport and all types of demand and supply settings.


SIG E1 – Transport System Analysis and Economic Evaluation


  • Provide a platform to exchange ideas, theories, methods used in Transport System Analysis and Economic Evaluation through conferences, workshops, symposia, meetings, etc
  • Organize and manage Transport System Analysis and Economic Evaluation sessions at WCTRS World Conferences
  • Break the trend of business as usual scenarios in transport investment decisions in a way to reduce the imbalances among the transportation models and guide the decision makers in their way to obtain sustainable transportation systems
  • Establish communication between researchers and policy makers regarding Transport System Analysis and Economic Evaluation


The Special Interest Group on Transport System Analysis and Economic Evaluation (SIG E1) was planned to be initiated at the WCTR Scientific and Steering Committee meeting in Lyon, 2014. SIG E1 was officially launched on August 2014 with 24 core members.


Current:  Call for papers for the 1st Workshop on Value and Competitiveness in Logistics:  12 June 2018, Copenhagen Business School, Copenhagen, Denmark.

The workshop will focus on papers with different approaches related to the competitiveness of transportation and logistics at the national/regional, industry, and firm levels of analysis.  Researchers are invited  to submit papers, or extended abstracts (not more than 2000 words).  Participation in the workshop is free of charge, but registration is required.  Further information is available here.

Please direct questions regarding the workshop to Aseem Kinra (, and paper and abstract submissions to Ozay Ozaydin (  The deadline for paper and abstract submissions is 16 March 2018.


  • ‘Transport Investments Benchmarking Workshop’ at Sabanci University in 2015 is currently being organised
  • The Special Issues at RETREC and Transport Policy have now been confirmed for the WCTRS 2016 Shanghai conference
  • As the SIG is newly formed there are no SI activities
  • We are pleased to confirm the website for SIG E1 is now active at


SIG E1 is Chaired by Füsun Ulengin of Sabanci University, Turkey and Co-chaired by Özay ÖZAYDIN of Dogus University, Turkey.

There are currently 25 members.


Chair:  Füsun Ülengin
Sabanci University, Orta Mahalle, Tuzla 34956 Istanbul, Turkey

Tel: +90 216 483 90 00  /  Fax: +90 216 493 90 05

Co-chair:  Özay Özaydin
Dogus University, Zeamet Caddesi, Acibadem 34722 Istanbul, Turkey

Tel: +90 216 444 79 97  /  Fax: +90 216 544 55 35


(The full membership list for this SIG is maintained by the SIG Chair/Co-chair)


SIG E2 Transport Pricing and Economic Regulation


The SIG E2 Transport Pricing and Economic Regulation aims at creating a worldwide forum with ongoing activities between the conferences, focusing on the key aspects of economic evaluation, efficient pricing and taxation, financing, and economic regulation in the transport sector (all modes are concerned).

In addition, the SIG E2 addresses problems related to large fixed costs and economies of scale, externalities and imperfect information, plus additional constraints due to political considerations, regulatory mechanisms, unbundling, market access, essential facilities regulation, independent regulators, etc.


SIG E2 “Transport Pricing and Economic Regulation” is to be formed from Session Track E2 of the Conference and former SIG E3 “Transport Economics and Regulation” (which, together, have currently 127 members). New members are welcome, particularly through recent and planned events in 2017-2018 (see below).


The Special Interest Group E2 of the World Conference on Transport Research Society is organising a workshop on “Transport Pricing and Regulation” in Lyon (France) on 26-27th July 2018.

The aim of the workshop is to offer a unique opportunity to bring together researchers in the area of transport pricing and regulation, and to stimulate an exchange of ideas.

Information is available here

The deadline for full paper submission is 15 March 2018.


Previous Activities (in the past 6 years):

What: Workshop on the topic of Long-Distance Passengers Market
TRASPOL, the Laboratory of Transport Policies of Milan Politecnico, has organised a workshop on the topic of long-distance passengers market. The topics include the economic regulation of long-distance markets, the measure of the effects of liberalisation and the potential impacts of the most recent innovations in the sector.
Where: Department of Architecture and Urban Studies, Milan Politecnico University, MILANO, Italy
When: 29 September 2017.  Further info: details are available at

  • Special session during the 2013 WCTRS Conference in Rio de Janeiro
  • Two international surveys (concluded) on highways and railways economic regulation. The surveys involved twenty countries and analysed all relevant aspects of regulation in a comparative perspective. The main results were discussed during WCTRS 2013 (highways) and SIET Conference in 2014 (rail). Further presentations will take place
  • A Transport Policy special issue on “Economic regulation of transport infrastructures” (guest edited by Marco Ponti and Paolo Beria) was published in 2015 (Volume 41), including eleven selected papers
  • Marco Ponti is a member of the Advisory Board of the Italian Transport Authority since June 2014
  • The Journal of Rail Transport Planning & Management (JRTPM) will publish a special issue of selected papers on rail regulation of the WCTR Conference in Shanghai 2016
  • The SIG website is available at


Membership is open to scholars, public regulators, regulated companies and actual or potential “new entrants”. Registration to the mailing list can be made for free at the SIG website Anyone interested in joining and supporting the SIG-E2, please do so by visiting the website.


Contact (co-chairs)

Marco Ponti
Politecnico di Milano

Georgina Santos
Cardiff University

Charles Raux
Université de Lyon


(The full membership list for this SIG is maintained by the SIG Chair/Co-chair)