eng Science and Education Publishing Journal of Finance and Economics 2328-7276 2016-08-08 4 5 127 135 10.12691/jfe-4-5-1 JFE2016451 article Árpád Török torok.arpad@kti.hu 1 Faculty of Transportation Engineering and Vehicle Engineering, Budapest University of Technology and Economics, Budapest, Hungary The aim of the paper is to investigate classify and investigate intelligent transport system (ITS) groups based on their potential to improve road safety. As the first step of the investigation an opinion survey combined with multi-criteria analysis of road safety experts has been carried out. In the second phase of the research, based on the results of the expert evaluation a cluster analysis has been provided to order ITS applications into clusters. Finally, based on the results of the two phase method the paper defines the effective ITS applications from a road safety point of view. http://pubs.sciepub.com/jfe/4/5/1/jfe-4-5-1.pdf road accident intelligent transport system (ITS) statistical analysis analysis traffic accident traffic safety transport