Abstract
Providing real time traffic information is a key for effective implementation of Intelligent Transport Systems (ITS). The main purpose of this paper is to introduce the recent technological trends of Dedicated Short Range Communications (DSRC) applications for ITS and its economic evaluation, focusing on the City Bus Information System (CBIS) and Electronic Toll Collection System (ETC) in Korea. From a research perspective, it is necessary for the seamless development and maintenance of technical and competitive edges, and the proper budgetary allocation for research and development. Furthermore, the progressive participation of private companies that have the leading technologies on active DSRC is also required.
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