A Study on a New Transportation System for Seoul

Seoul‘s public transportation is mainly operated by buses and subways. But the bus system needs to be improved in terms of road congestion and environmental pollution, and the subway system needs to be reconsidered, with lower accessibility and higher cost than bus system. In this paper, the authors examine the introduction of a new transportation system in the Jongno-gu area being planned, and to change to an eco-friendly, pedestrian center city, with the Gangnam-gu area having the most severe traffic congestion in Seoul. The new transportation system has the advantage of having accessibility, user convenience, and the operating punctuality because of a railroad track. From the viewpoint of having the advantages of the bus and subway, the new system needs to be calculated for the benefits through the CVM (Contingent Valuation Methods). In results, the willingness to pay (WTP) of the new system is 406.8 won per one person. Thus it is concluded that the existing method did not reflect the additional benefits of the new transportation system. But the benefits are excluded in this paper, because using the CVM is a trial in the new method of calculating the benefits so far. Some alternatives are feasible, but the introduction of a new transportation method seems to be difficult in the current system. Also this paper suggests the policy for the introduction of the new system.

• Corporate Authors:

  ITS Japan

  Tokyo,   Japan 

  ITS America

  1100 17th Street, NW, 12th Floor
  Washington, DC  United States  20036

  ERTICO

  326 Avenue Louis
  Brussels,   Belgium  B-1050
• Authors:
  • Jung, Chang Yong
  • Shon, Eui Young
  • Jang, Taek Young
• Conference:
  • 17th ITS World Congress
  • Location: Busan , Korea, South
  • Date: 2010-10-25 to 2010-10-29
• Publication Date: 2010

Language

• English

Media Info

• Media Type: Digital/other
• Features: Figures; References; Tables;
• Pagination: 8p
• Monograph Title: 17th ITS World Congress, Busan, 2010: Proceedings

Subject/Index Terms

• TRT Terms: Mode choice; Public transit; Transportation planning
• Uncontrolled Terms: Contingent valuation method; Willingness to pay
• Geographic Terms: Seoul (Korea)
• Subject Areas: Planning and Forecasting; Public Transportation; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 01366168
• Record Type: Publication
• Files: TRIS
• Created Date: Mar 27 2012 1:20PM