Deliverable D3.3 of LEVITATE deals with converting impacts of connected and automated vehicles to monetary terms. Converting impacts to monetary terms is needed to include them in cost-benefit analyses.
One of the objectives of LEVITATE is to develop a tool for performing cost-benefit analyses of policies designed to maximise the societal benefits of introducing connected and automated vehicles. This tool will be part of the Policy Support Tool developed by LEVITATE. Can everything be converted into monetary terms when it comes to the impact of automated vehicles?
Read Rune Elvik’s article from the Norwegian Institute of Transport Economics »