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A case-based cost-benefit consideration for upgrading to an intelligent traffic environment
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Agca, Ahmet Onur and Godsell, Janet (2022) A case-based cost-benefit consideration for upgrading to an intelligent traffic environment. In: Competitive Advantage in the Digital Economy CADE 2022, Venice, Italy (Online Participation), 13-15 Jun 2022. Published in: Proceedings of the Competitive Advantage in the Digital Economy CADE 2022 ISBN 9781839537424. doi:10.1049/icp.2022.2036 [ 🗎 Public].
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Official URL: http://doi.org/10.1049/icp.2022.2036
Abstract
Within the trend of transforming our daily lives into a smart form, traffic has become one of the development areas for innovators and hence researchers. While many technologies are devised or improved for Intelligent Transportation Systems (ITS), potential impacts of ITS have also raised the interest of researchers. In line with this trend, this study conducted case-based research to identify the potential benefits of ITS implementation in the UK traffic network and to analyse its applicability from a cost- effectiveness perspective. In our analysis, we have utilised four use cases in two different road environments –urban and motorway- and analysed their efficiency in three traffic density levels. Our findings demonstrate some specific benefits like the improvement in the safety of urban roads even from the lowest level of technology penetration and also fixed and incurring costs. However, having an immature and continuously developing nature, the field requires more interest and work from researchers in many aspects to obtain further inference about potential benefits and preventable costs.
| Item Type: | Conference Item (Paper) | ||||||
|---|---|---|---|---|---|---|---|
| Subjects: | T Technology > TE Highway engineering. Roads and pavements | ||||||
| Divisions: | Faculty of Social Sciences > Warwick Business School | ||||||
| Library of Congress Subject Headings (LCSH): | Intelligent transportation systems, Automated vehicles, Cost effectiveness | ||||||
| Journal or Publication Title: | Proceedings of the Competitive Advantage in the Digital Economy CADE 2022 | ||||||
| Publisher: | IET | ||||||
| ISBN: | 9781839537424 | ||||||
| Official Date: | 11 November 2022 | ||||||
| Dates: |
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| DOI: | 10.1049/icp.2022.2036 | ||||||
| Status: | Peer Reviewed | ||||||
| Publication Status: | Published | ||||||
| Reuse Statement (publisher, data, author rights): | This paper is a postprint of a paper submitted to and accepted for publication in Competitive Advantage in the Digital Economy (CADE 2022) and is subject to Institution of Engineering and Technology Copyright. The copy of record is available at the IET Digital Library | ||||||
| Access rights to Published version: | Restricted or Subscription Access | ||||||
| Date of first compliant deposit: | 28 September 2022 | ||||||
| Date of first compliant Open Access: | 28 September 2022 | ||||||
| RIOXX Funder/Project Grant: |
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| Conference Paper Type: | Paper | ||||||
| Title of Event: | Competitive Advantage in the Digital Economy CADE 2022 | ||||||
| Type of Event: | Conference | ||||||
| Location of Event: | Venice, Italy (Online Participation) | ||||||
| Date(s) of Event: | 13-15 Jun 2022 | ||||||
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