Cart (Loading....) | Create Account
Close category search window
 

Economic evaluation of intelligent transportation systems strategies: the case of the Oslo toll cordon

Sign In

Cookies must be enabled to login.After enabling cookies , please use refresh or reload or ctrl+f5 on the browser for the login options.

Formats Non-Member Member
$31 $31
Learn how you can qualify for the best price for this item!
Become an IEEE Member or Subscribe to
IEEE Xplore for exclusive pricing!
close button

puzzle piece

IEEE membership options for an individual and IEEE Xplore subscriptions for an organization offer the most affordable access to essential journal articles, conference papers, standards, eBooks, and eLearning courses.

Learn more about:

IEEE membership

IEEE Xplore subscriptions

2 Author(s)
Odeck, J. ; Norwegian Public Roads Adm., Oslo, Norway ; Welde, M.

Intelligent transportation systems (ITS) projects often offer an effective solution for many transportation problems as compared to traditional solutions such as increasing road capacity to solve congestion problems. However, ITS projects are often not evaluated in economic terms either because methodologies are not available, or when they are, data become a limitation. Since economic assessment is the order of the day in the transportation sector, many potential ITS projects are losing terrain relative to alternative solutions. This study develops and demonstrates that economic evaluation of ITS projects in the road sector is possible. The authors use the Oslo toll cordon as a case example, where semi-automatic toll collection was replaced by a full-fledged ITS-based toll collection. The results show that ITS-based toll collection is highly profitable from an economic point of view. The reasons are that the ITS-based toll collection relieves congestion at toll points thereby leading to (i) time savings for road users, (ii) reduced noise and pollution associated with slow movement of vehicles at toll points, (iii) improvement of the city's landscape because toll booths and signposts are removed and (iv) reduced costs associated with operating tolls. The study urges ITS proponents to start using economic evaluation when assessing the merits of their projects.

Published in:

Intelligent Transport Systems, IET  (Volume:4 ,  Issue: 3 )

Date of Publication:

September 2010

Need Help?


IEEE Advancing Technology for Humanity About IEEE Xplore | Contact | Help | Terms of Use | Nondiscrimination Policy | Site Map | Privacy & Opting Out of Cookies

A not-for-profit organization, IEEE is the world's largest professional association for the advancement of technology.
© Copyright 2014 IEEE - All rights reserved. Use of this web site signifies your agreement to the terms and conditions.