Applying Benefit-Cost Analysis to Intelligent Transportation Systems (ITS) and the Australian Context

Cameron GORDON

    Research output: A Conference proceeding or a Chapter in BookConference contribution

    1 Citation (Scopus)

    Abstract

    An "Intelligent Transportation System" (ITS) is a broad term encompassing a wide-range of individual technologies, from simple "smart signs" to real-time electronic monitoring and management of traffic flows. The use of such technologies is often touted as a way of easing traffic congestion, increasing safety, improving environmental quality, and eliminating the need for construction of new road or transit capacity by using existing capacity more effectively. However, actual measurement and analysis of the total costs and total benefits of ITS is rarely done, even though ITS can require a substantial capital and ongoing operating investment. This paper will review the (rather sparse) literature on benefit-cost analysis of ITS; identify the specific technological components which make up ITS; discuss how to apply a benefit-cost methodology to a generic ITS ‘project’; and explore how benefitcost analysis of ITS in Australia's capital cities might properly proceed.
    Original languageEnglish
    Title of host publicationProceedings of the 36th Australasian Transport Research Forum ATRF 2013 - Transport and the New World City
    EditorsLindsay Oxlad
    Place of PublicationAustralia
    PublisherQueensland University of Technology
    Pages1-14
    Number of pages14
    ISBN (Print)9781921897825
    Publication statusPublished - 2013
    EventAustralasian Transport Research Forum (ATRF 2013) - Brisbane, Brisbane, Australia
    Duration: 2 Oct 20134 Oct 2013

    Conference

    ConferenceAustralasian Transport Research Forum (ATRF 2013)
    CountryAustralia
    CityBrisbane
    Period2/10/134/10/13

    Fingerprint

    Cost benefit analysis
    Traffic congestion
    Costs
    Monitoring

    Cite this

    GORDON, C. (2013). Applying Benefit-Cost Analysis to Intelligent Transportation Systems (ITS) and the Australian Context. In L. Oxlad (Ed.), Proceedings of the 36th Australasian Transport Research Forum ATRF 2013 - Transport and the New World City (pp. 1-14). Australia: Queensland University of Technology.
    GORDON, Cameron. / Applying Benefit-Cost Analysis to Intelligent Transportation Systems (ITS) and the Australian Context. Proceedings of the 36th Australasian Transport Research Forum ATRF 2013 - Transport and the New World City. editor / Lindsay Oxlad. Australia : Queensland University of Technology, 2013. pp. 1-14
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    GORDON, C 2013, Applying Benefit-Cost Analysis to Intelligent Transportation Systems (ITS) and the Australian Context. in L Oxlad (ed.), Proceedings of the 36th Australasian Transport Research Forum ATRF 2013 - Transport and the New World City. Queensland University of Technology, Australia, pp. 1-14, Australasian Transport Research Forum (ATRF 2013), Brisbane, Australia, 2/10/13.

    Applying Benefit-Cost Analysis to Intelligent Transportation Systems (ITS) and the Australian Context. / GORDON, Cameron.

    Proceedings of the 36th Australasian Transport Research Forum ATRF 2013 - Transport and the New World City. ed. / Lindsay Oxlad. Australia : Queensland University of Technology, 2013. p. 1-14.

    Research output: A Conference proceeding or a Chapter in BookConference contribution

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    GORDON C. Applying Benefit-Cost Analysis to Intelligent Transportation Systems (ITS) and the Australian Context. In Oxlad L, editor, Proceedings of the 36th Australasian Transport Research Forum ATRF 2013 - Transport and the New World City. Australia: Queensland University of Technology. 2013. p. 1-14