A Greedy Techno-Economic Approach for Selection of C-ITS Roadside Unit Locations along Highways

Hedging risks in the C‐ITS road‐side unit investment case for Flanders: A real options approach

“…In line with reference [41], this paper will work with the expenditure figures reported in reference [14]. As shown in Table 1, a distinction is made between new and upgraded RSUs.…”

“…For segments containing ITS hardware infrastructure that targets the same societal costs, a reduction of potential impact is needed to correct for overlap. A more elaborate discussion of the methodology used to asses the incremental benefits of C-ITS compared to existing ITS can be found in reference [43]. The total potential benefits, at full C-ITS penetration, can then be determined by applying the impact factors to the current and forecasted future societal costs.…”

“…In reference [20], an empirically grounded agent‐based model (ABM) was presented to simulate the penetration of short‐range C‐ITS communication capabilities in the European passenger car fleet. European car manufacturers were modelled as agents with distinct, empirically grounded properties.…”

Deployment of Cooperative Intelligent Transport System infrastructure along highways: A bottom-up societal benefit analysis for Flanders

“…The question arises how to determine the degree of overlap (OC j ) between current ITS infrastructure and C-ITS services. In [35], the authors discussed an algorithm to determine, per segment, the extent to which existing ITS infrastructure impacts incremental C-ITS benefits. This methodology will be used in this work to correct C-ITS benefits for ITS presence.…”

“…The EU transport system and infrastructure will be made fit to support new sustainable, a methodology that helps answering following research questions: what are the expected non-market impacts of C-ITS, and to what extent can C-ITS technology help to realise the safety and environmental ambitions of Europe and its Member States? 35 In Section 2 and 3, some background is given on previous work on C-ITS benefits, public appraisal methods, and network effects and adoption. Next, Section 4 discusses the methodology this work uses to quantify benefits.…”