SOCIAL EFFECTS OF VICS--COSTS AND BENEFITS

Exploring the autonomous decision-making of individual drivers, vehicle information and communication system (VICS) aims to streamline traffic patterns and improve safety by providing drivers with updated traffic advisories giving them the option to rationally choose less congested routes to reach their destinations more quickly. This will have the effect of optimizing the overall flow of traffic. But considering that the immense capital investment needed to realize VICS diminishes its chances of being implemented, it is crucial that VICS has access to road and traffic information that is already being collected by the government and also be able to share in the use of government-built systems for delivering traffic information to motorists. Furthermore, regarding in-vehicle systems that use the traffic information, it is assumed that more advanced car navigation systems will be developed in the near future that will appeal to consumers, who will then purchase the systems. Thus, although the total outlay for VICS over the first 20-year period is projected to be Y(yen)1.2 trillion, the actual operating costs will be held to just over Y30 billion. By contrast, VICS is expected to save close to Y7.7 trillion over this same 20-year timeframe in the form of reduced vehicle hours and other benefits as a result of reduced traffic congestion. This means that benefits valued at more than Y7 trillion can be realized for an additional investment of only Y30 billion--clearly an excellent return on investment compared with what it would cost to achieve the same congestion reduction results by widening roads and other physical road improvements.

  • Supplemental Notes:
    • Five volumes of papers and one volume of abstracts comprise the published set of conference papers.
  • Corporate Authors:

    VERTIS

    TORANOMOM 34 MORI BUILDING 1-25-5
    TORANOMON, MINATOKU, TOKYO 105  Japan 
  • Authors:
    • FUJITA, O
  • Conference:
  • Publication Date: 1995-11

Language

  • English

Media Info

  • Pagination: p. 2418

Subject/Index Terms

Filing Info

  • Accession Number: 00726037
  • Record Type: Publication
  • Report/Paper Numbers: Volume 5
  • Files: TRIS
  • Created Date: Sep 9 1996 12:00AM