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European TeleFOT project: Benefit-cost analysis for SatNav and EcoDrive technologies

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conference contribution
posted on 2017-12-22, 13:38 authored by Brian Fildes, Andrew MorrisAndrew Morris, Roberto Montanari
Calculation of benefit-cost-ratios (BCRs) is a commonly used methodology by governments in determining the need for future regulation. This study was undertaken as part of the European Commission’s field trial TeleFOT program provided new findings on the likely benefit-cost safety and environmental outcomes for satellite navigation (SatNav) and (EcoDrive) technologies in Europe. The findings showed that for a range of scenarios, the best benefit-cost-ratio for SatNav was markedly above its economic cost (BCR>1). While a BCR for EcoDrive could not be calculated because of missing data, the fitment rates required to achieve a breakeven outcome were quite achievable. The figures for the worst scenario outcomes were less impressive, generally failing to achieve break-even (BCRs less than one) or required higher fitment rates. BCRs for both technologies combined showed ratios between 3.16 and 2.78, assuming a 5% EcoDrive fitment rate.

History

School

  • Design

Published in

25th International Technical Conference on the Enhanced Safety of Vehicles (ESV)

Issue

Paper number 17-0253

Citation

FILDES, B., MORRIS, A. and MONTANARI, R., 2017. European TeleFOT project: Benefit-cost analysis for SatNav and EcoDrive technologies. IN: Proceedings of the 25th International Technical Conference on the Enhanced Safety of Vehicles (ESV), Detroit, Michigan, USA, 5th-8th June 2017, Paper Number 17-0253-W.

Publisher

National Highway Traffic Safety Administration

Version

  • VoR (Version of Record)

Publisher statement

This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/

Acceptance date

2017-06-05

Publication date

2017

Notes

This is a conference paper. The full proceedings of ESV 2017 are freely available at: http://www-nrd.nhtsa.dot.gov/departments/esv/25th/

Language

  • en

Location

Detroit, Michigan, USA

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