Economic Impacts of Intelligent Transportation Systems, by E Bekiaris, Y J Nakanishi

By E Bekiaris, Y J Nakanishi

There are distinctive complexities linked to the commercial valuation of clever Transportation platforms (ITS) and telematics. conventional tools of quantitative research is probably not applicable in properly and reliably assessing the industrial affects of those applied sciences. even though complex transportation and comparable applied sciences are being deliberate and deployed at an more and more swift speed, the various applied sciences are nonetheless fairly new, and their use is probably not frequent. a lot of the preliminary details and data accumulated were anecdotal and feature concentrated extra on merits instead of expenditures. accordingly, problems come up because of the loss of old info and 'lessons realized' from which to attract upon. moreover, in comparison with conventional transportation infrastructure, ITS applied sciences have assorted lifestyles cycles, fee buildings, and a couple of interrelated components. This ebook addresses those issues and proposes new financial evaluation concepts in addition to transformations to present ones. incorporated are case reviews from a large number of North American, ecu, and Asian international locations and significant metropolitan parts masking a variety of ITS applied sciences together with highway administration, digital toll assortment, complicated motive force tips structures, and visitor details structures.

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Extra resources for Economic Impacts of Intelligent Transportation Systems, Volume 8: Innovations and Case Studies (Research in Transportation Economics)

Sample text

S. DOT ITS Standards Program is supporting the development and use of ITS standards. The Program has cooperative agreements with five standards development organizations (SDOs), in order to produce non-proprietary, industrybased, consensus ITS standards. To move the focus from standards development to deployment, the Program is supporting standards training, testing and case studies. Cost Analysis: The cost analysis that was performed provides cost estimates (unit prices and systems costs) for various ITS components and subsystems.

The willingness-to-pay relationship for, say, trips between an origin and a destination is a schedule of the aggregate quantity of those trips that the users would be willing to make at various levels of cost per trip. ) Measurements of willingness to pay for transportation services allow transportation analysts to convert changes in travel activity to changes in economic benefits to travelers. In the overall picture of benefit-cost analysis, this focus on willingness to pay makes sense, too. If users of a service are collectively unwilling to pay what it takes to provide or improve that service (conceptually, at least), then it is harder to argue that these users receive net benefits from the service enhancement.

G. can I commute, pull a trailer, carry a soccer team, . )? g. on the environment: of diesel, of hybrids)? The other column headings list the alternatives. The first is the status quo (do nothing; no action; no build); the rest are different cars that could be purchased. The columns can, in concept, grow rapidly: one might be choosing among different types of car (sedan vs. SUV); makes (Chrysler vs. Volvo); and features (standard vs. automatic, red vs. blue). Every combination of Alternative and Criterion creates a cell that requires some evaluation.

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