Assessing the Benefits and Costs of ITS

Abstract

Glossary 14. 15. 16. 17. 18. 263 287 315 333 349 ACKNOWLEDGEMENTSA number of people and institutions have contributed in a significant way to this book. First and foremost are the authors who produced papers for the original conference held in Sacramento in February of 2002. They have also been through two edits and have produced their work in a timely fashion. We also owe a considerable debt to Jay Riley and Caltrans Division of New Technology. Jay has been a source of inspiration, support and constructive criticism of our research in this area over the last several years. Other members of the Division of New Technology and Research have also contributed over the years including This chapter provides an overview of the evolution of ITS in the United States and the policy background to the role of ITS in California. It serves as a context in which the remaining chapters can be placed. Our contribution is to examine ITS in an economics and business policy context where we provide an understanding of the costs and benefits associated with different ITS projects and how they might be measured. The chapter also provides an overview of the chapters in the book and how they are linked.