Volume 8. Economic Impacts of Intelligent Transportation Systems

1st Edition

Innovations and Case Studies


  • E Bekiaris
  • Y J Nakanishi
  • Economic Impacts of Intelligent Transportation Systems

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    There are unique complexities associated with the economic valuation of Intelligent Transportation Systems (ITS) and telematics. Traditional methods of quantitative analysis may not be appropriate in accurately and reliably assessing the economic impacts of these technologies. Although advanced transportation and related technologies are being planned and deployed at an increasingly rapid pace, many of the technologies are still relatively new, and their use may not be widespread. Much of the initial information and statistics gathered have been anecdotal and have focused more on benefits rather than costs. Therefore, difficulties arise due to the lack of historical data and 'lessons learned' from which to draw upon. In addition, compared with traditional transportation infrastructure, ITS technologies have different life cycles, cost structures, and a number of interrelated elements. This book addresses these concerns and proposes new economic assessment techniques as well as modifications to existing ones. Included are case studies from a multitude of North American, European, and Asian nations and major metropolitan areas covering a wide range of ITS technologies including freeway management, electronic toll collection, advanced driver assistance systems, and traveller information systems.


    Researchers and postgraduate students in transportation, civil servants, policy makers and consultants.

    Table of Contents

    Foreword by Authors. (Bekiaris, Nakanishi). Introduction and Background.Introduction to ITS. (Nakanishi). Framework for an Economic Evaluation of Transportation Investments. (Moor, Pozdena). The Relevant Technologies and Market. ITS Clustering and Terminology: One Concept with Many Meanings. (Bekiaris-Panou). The Emerging Market of Infomobility Services. (Kauber). Evaluation Techniques / Methodologies. Cost Benefit Analysis. The Application and Limitations of Cost-Benefit Assessment (CBA) for Intelligent Transport Systems. (Stevens). Role of Discount Rates and Pilot Projects in ITS- Project Cba. (Nokala). Analytical Alternatives in Intelligent Transportation System (ITS) Evaluation. (Haynes, Li). Multi-Criteria Analysis. The Applicability of Multicriteria-Analysis to the Evaluation of Intelligent Transport Systems(ITS). (Brucker). Data Envelopment Analysis. Performance Assessment of Intelligent Transportation Systems Using Data Envelopment Analysis. (Nakanishi, Falcocchio). Other. Framework for Investment Decision-Making under Risk and Uncertainty for Infrastructure Asset Management.(Piyatrapoomi et al.). Estimation of Economic Impact of VMS Route Guidance using Microsimulation.(Ozbay-Bartin). Case Studies – Incident Freeway Management. An Incident Delay Model for the Evaluation of Incident Management Strategies. (Qi, Teng). The Safety Benefits of Freeway Management Systems and Motorist Assistance Patrols. (Olmstead). Case Studies – Electronic Toll Collection and CVO. Technology Considerations for the Implementation of a Statewide Road User Fee System. (Bertini, Rufulo). Active DSRC Application for ITS and Economic Evaluation in Korea. (Kim, Kang). A Benefit/Cost Analysis of the Commercial Vehicle Information Systems and Networks (Cvisn) Program. (Brand, Parody). Case Studies – Public Transport. Prioritizing Technologies: Incorporatin


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    © 2004
    JAI Press
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    About the editors

    E Bekiaris

    Affiliations and Expertise

    National Center for Research and Technology Hellas, Thessaloniki, Greece

    Y J Nakanishi

    Affiliations and Expertise

    Polytechnic University, NY, USA


    "...a welcome addition tot he Research in Transportation series." -Yupo Chan, JOURNAL OF TRANSPORTATION AND STATISTICS (v8 n1, 2005)