IDEAS home Printed from https://ideas.repec.org/a/kap/netspa/v21y2021i3d10.1007_s11067-021-09538-5.html
   My bibliography  Save this article

A New Flexible Parking Reservation Scheme for the Morning Commute under Limited Parking Supplies

Author

Listed:
  • Wei Wu

    (Changsha University of Science & Technology
    University of New South Wales)

  • Wei Liu

    (University of New South Wales
    University of New South Wales)

  • Fangni Zhang

    (University of Hong Kong)

  • Vinayak Dixit

    (University of New South Wales)

Abstract

Recent studies proposed parking reservation schemes in a bi-modal transport network to manage parking competition and traffic congestion. This study proposes a new flexible parking reservation scheme, under which commuters’ reservation can expire and those arriving later than the reservation expiration time can retain his reservation by paying additional late-for-reservation fees. Time-varying late-for-reservation fees are also examined. The proposed reservation scheme is more flexible and practical than those in the literature. Moreover, we found that, when compared to reservation scheme in the literature, the total social cost can be further reduced by an appropriately designed flexible reservation scheme in this paper. We also analytically and numerically quantify the efficiency gain of the proposed flexible parking reservation scheme.

Suggested Citation

  • Wei Wu & Wei Liu & Fangni Zhang & Vinayak Dixit, 2021. "A New Flexible Parking Reservation Scheme for the Morning Commute under Limited Parking Supplies," Networks and Spatial Economics, Springer, vol. 21(3), pages 513-545, September.
    • Handle: RePEc:kap:netspa:v:21:y:2021:i:3:d:10.1007_s11067-021-09538-5
    DOI: 10.1007/s11067-021-09538-5
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11067-021-09538-5
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s11067-021-09538-5?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Xu, Zhengtian & Yin, Yafeng & Zha, Liteng, 2017. "Optimal parking provision for ride-sourcing services," Transportation Research Part B: Methodological, Elsevier, vol. 105(C), pages 559-578.
    2. Shoup, Donald C., 2006. "Cruising for parking," Transport Policy, Elsevier, vol. 13(6), pages 479-486, November.
    3. Inci, Eren & Lindsey, Robin, 2015. "Garage and curbside parking competition with search congestion," Regional Science and Urban Economics, Elsevier, vol. 54(C), pages 49-59.
    4. Liu, Wei & Geroliminis, Nikolas, 2016. "Modeling the morning commute for urban networks with cruising-for-parking: An MFD approach," Transportation Research Part B: Methodological, Elsevier, vol. 93(PA), pages 470-494.
    5. Arnott, Richard & de Palma, Andre & Lindsey, Robin, 1990. "Economics of a bottleneck," Journal of Urban Economics, Elsevier, vol. 27(1), pages 111-130, January.
    6. van den Berg, Vincent & Verhoef, Erik T., 2011. "Congestion tolling in the bottleneck model with heterogeneous values of time," Transportation Research Part B: Methodological, Elsevier, vol. 45(1), pages 60-78, January.
    7. Arnott, Richard & Inci, Eren, 2006. "An integrated model of downtown parking and traffic congestion," Journal of Urban Economics, Elsevier, vol. 60(3), pages 418-442, November.
    8. Geroliminis, Nikolas, 2015. "Cruising-for-parking in congested cities with an MFD representation," Economics of Transportation, Elsevier, vol. 4(3), pages 156-165.
    9. Anderson, Simon P. & de Palma, Andre, 2004. "The economics of pricing parking," Journal of Urban Economics, Elsevier, vol. 55(1), pages 1-20, January.
    10. Liu, Tian-Liang & Huang, Hai-Jun & Yang, Hai & Zhang, Xiaoning, 2009. "Continuum modeling of park-and-ride services in a linear monocentric city with deterministic mode choice," Transportation Research Part B: Methodological, Elsevier, vol. 43(6), pages 692-707, July.
    11. Lam, William H.K. & Li, Zhi-Chun & Huang, Hai-Jun & Wong, S.C., 2006. "Modeling time-dependent travel choice problems in road networks with multiple user classes and multiple parking facilities," Transportation Research Part B: Methodological, Elsevier, vol. 40(5), pages 368-395, June.
    12. Zhibin Chen & Stephen Spana & Yafeng Yin & Yuchuan Du, 2019. "An Advanced Parking Navigation System for Downtown Parking," Networks and Spatial Economics, Springer, vol. 19(3), pages 953-968, September.
    13. Vickrey, William S, 1969. "Congestion Theory and Transport Investment," American Economic Review, American Economic Association, vol. 59(2), pages 251-260, May.
    14. Wen-Xiang Wu & Hai-Jun Huang, 2014. "Equilibrium and Modal Split in a Competitive Highway/Transit System Under Different Road-use Pricing Strategies," Journal of Transport Economics and Policy, University of Bath, vol. 48(1), pages 153-169, January.
    15. Yang, Hai & Liu, Wei & Wang, Xiaolei & Zhang, Xiaoning, 2013. "On the morning commute problem with bottleneck congestion and parking space constraints," Transportation Research Part B: Methodological, Elsevier, vol. 58(C), pages 106-118.
    16. Arnott, Richard & de Palma, Andre & Lindsey, Robin, 1991. "A temporal and spatial equilibrium analysis of commuter parking," Journal of Public Economics, Elsevier, vol. 45(3), pages 301-335, August.
    17. Boyles, Stephen D. & Tang, Shoupeng & Unnikrishnan, Avinash, 2015. "Parking search equilibrium on a network," Transportation Research Part B: Methodological, Elsevier, vol. 81(P2), pages 390-409.
    18. Xiao, Ling-Ling & Liu, Tian-Liang & Huang, Hai-Jun, 2016. "On the morning commute problem with carpooling behavior under parking space constraint," Transportation Research Part B: Methodological, Elsevier, vol. 91(C), pages 383-407.
    19. Zhang, Fangni & Lindsey, Robin & Yang, Hai, 2016. "The Downs–Thomson paradox with imperfect mode substitutes and alternative transit administration regimes," Transportation Research Part B: Methodological, Elsevier, vol. 86(C), pages 104-127.
    20. Shoup, Donald C., 2006. "Cruising for Parking," University of California Transportation Center, Working Papers qt55s7079f, University of California Transportation Center.
    21. Qian, Zhen (Sean) & Xiao, Feng (Evan) & Zhang, H.M., 2011. "The economics of parking provision for the morning commute," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(9), pages 861-879, November.
    22. Yu Nie, 2015. "A New Tradable Credit Scheme for the Morning Commute Problem," Networks and Spatial Economics, Springer, vol. 15(3), pages 719-741, September.
    23. Zheng, Nan & Geroliminis, Nikolas, 2016. "Modeling and optimization of multimodal urban networks with limited parking and dynamic pricing," Transportation Research Part B: Methodological, Elsevier, vol. 83(C), pages 36-58.
    24. Liu, Yang & Nie, Yu (Marco) & Hall, Jonathan, 2015. "A semi-analytical approach for solving the bottleneck model with general user heterogeneity," Transportation Research Part B: Methodological, Elsevier, vol. 71(C), pages 56-70.
    25. He, Fang & Yin, Yafeng & Chen, Zhibin & Zhou, Jing, 2015. "Pricing of parking games with atomic players," Transportation Research Part B: Methodological, Elsevier, vol. 73(C), pages 1-12.
    26. Xiao, Feng & Qian, Zhen (Sean) & Zhang, H. Michael, 2013. "Managing bottleneck congestion with tradable credits," Transportation Research Part B: Methodological, Elsevier, vol. 56(C), pages 1-14.
    27. Wu, Wei & Zhang, Fangni & Liu, Wei & Lodewijks, Gabriel, 2020. "Modelling the traffic in a mixed network with autonomous-driving expressways and non-autonomous local streets," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 134(C).
    28. Zhang, Xiaoning & Huang, Hai-Jun & Zhang, H.M., 2008. "Integrated daily commuting patterns and optimal road tolls and parking fees in a linear city," Transportation Research Part B: Methodological, Elsevier, vol. 42(1), pages 38-56, January.
    29. Zhi-Chun Li & William Lam & S. Wong & Hai-Jun Huang & Dao-Li Zhu, 2008. "Reliability Evaluation for Stochastic and Time-dependent Networks with Multiple Parking Facilities," Networks and Spatial Economics, Springer, vol. 8(4), pages 355-381, December.
    30. Inci, Eren, 2015. "A review of the economics of parking," Economics of Transportation, Elsevier, vol. 4(1), pages 50-63.
    31. Zhang, Xiaoning & Yang, Hai & Huang, Hai-Jun, 2011. "Improving travel efficiency by parking permits distribution and trading," Transportation Research Part B: Methodological, Elsevier, vol. 45(7), pages 1018-1034, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yangbeibei Ji & Xueqing Lu & Hanwan Jiang & Xinyang Zhu & Jiao Wang, 2022. "Layout Optimization for Shared Parking Spaces Considering Shared Parking Walking Time and Parking Fee," Sustainability, MDPI, vol. 14(9), pages 1-23, May.
    2. Wusheng Liu & Wang Li & Qing Zhou & Qian Die & Yan Yang, 2022. "The optimization of the "UAV-vehicle" joint delivery route considering mountainous cities," PLOS ONE, Public Library of Science, vol. 17(3), pages 1-21, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Li, Zhi-Chun & Huang, Hai-Jun & Yang, Hai, 2020. "Fifty years of the bottleneck model: A bibliometric review and future research directions," Transportation Research Part B: Methodological, Elsevier, vol. 139(C), pages 311-342.
    2. Lu, Xiao-Shan & Huang, Hai-Jun & Guo, Ren-Yong & Xiong, Fen, 2021. "Linear location-dependent parking fees and integrated daily commuting patterns with late arrival and early departure in a linear city," Transportation Research Part B: Methodological, Elsevier, vol. 150(C), pages 293-322.
    3. Zhang, Xiang & Liu, Wei & Waller, S. Travis & Yin, Yafeng, 2019. "Modelling and managing the integrated morning-evening commuting and parking patterns under the fully autonomous vehicle environment," Transportation Research Part B: Methodological, Elsevier, vol. 128(C), pages 380-407.
    4. Ling-Ling Xiao & Tian-Liang Liu & Hai-Jun Huang, 2021. "Tradable permit schemes for managing morning commute with carpool under parking space constraint," Transportation, Springer, vol. 48(4), pages 1563-1586, August.
    5. Gu, Ziyuan & Li, Yifan & Saberi, Meead & Rashidi, Taha H. & Liu, Zhiyuan, 2023. "Macroscopic parking dynamics and equitable pricing: Integrating trip-based modeling with simulation-based robust optimization," Transportation Research Part B: Methodological, Elsevier, vol. 173(C), pages 354-381.
    6. Lu, Xiao-Shan & Guo, Ren-Yong & Huang, Hai-Jun & Xu, Xiaoming & Chen, Jiajia, 2021. "Equilibrium analysis of parking for integrated daily commuting," Research in Transportation Economics, Elsevier, vol. 90(C).
    7. Liu, Wei & Geroliminis, Nikolas, 2016. "Modeling the morning commute for urban networks with cruising-for-parking: An MFD approach," Transportation Research Part B: Methodological, Elsevier, vol. 93(PA), pages 470-494.
    8. Gu, Ziyuan & Safarighouzhdi, Farshid & Saberi, Meead & Rashidi, Taha H., 2021. "A macro-micro approach to modeling parking," Transportation Research Part B: Methodological, Elsevier, vol. 147(C), pages 220-244.
    9. Inci, Eren, 2015. "A review of the economics of parking," Economics of Transportation, Elsevier, vol. 4(1), pages 50-63.
    10. Zhang, Fangni & Lindsey, Robin & Yang, Hai & Shao, Chaoyi & Liu, Wei, 2022. "Two-sided pricing strategies for a parking sharing platform: Reselling or commissioning?," Transportation Research Part B: Methodological, Elsevier, vol. 163(C), pages 40-63.
    11. Takayama, Yuki & Kuwahara, Masao, 2016. "Scheduling preferences, parking competition, and bottleneck congestion: A model of trip timing and parking location choices by heterogeneous commuters," MPRA Paper 68938, University Library of Munich, Germany.
    12. Wang, Pengfei & Guan, Hongzhi & Liu, Peng, 2020. "Modeling and solving the optimal allocation-pricing of public parking resources problem in urban-scale network," Transportation Research Part B: Methodological, Elsevier, vol. 137(C), pages 74-98.
    13. Tang, Zhe-Yi & Tian, Li-Jun & Wang, David Z.W., 2021. "Multi-modal morning commute with endogenous shared autonomous vehicle penetration considering parking space constraint," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 151(C).
    14. Liu, Wei & Zhang, Fangni & Yang, Hai, 2017. "Modeling and managing morning commute with both household and individual travels," Transportation Research Part B: Methodological, Elsevier, vol. 103(C), pages 227-247.
    15. Zhang, Xiang & Liu, Wei & Levin, Michael & Travis Waller, S., 2023. "Equilibrium analysis of morning commuting and parking under spatial capacity allocation in the autonomous vehicle environment," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 172(C).
    16. Zipeng Zhang & Ning Zhang, 2021. "Early Bird Scheme for Parking Management: How Does Parking Play a Role in the Morning Commute Problem," Sustainability, MDPI, vol. 13(15), pages 1-19, July.
    17. Wang, Jing & Zhang, Xiaoning & Wang, Hua & Zhang, Michael, 2019. "Optimal parking supply in bi-modal transportation network considering transit scale economies," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 130(C), pages 207-229.
    18. Tian, Qiong & Yang, Li & Wang, Chenlan & Huang, Hai-Jun, 2018. "Dynamic pricing for reservation-based parking system: A revenue management method," Transport Policy, Elsevier, vol. 71(C), pages 36-44.
    19. Xiao, Ling-Ling & Liu, Tian-Liang & Huang, Hai-Jun, 2016. "On the morning commute problem with carpooling behavior under parking space constraint," Transportation Research Part B: Methodological, Elsevier, vol. 91(C), pages 383-407.
    20. Tian, Li-Jun & Sheu, Jiuh-Biing & Huang, Hai-Jun, 2019. "The morning commute problem with endogenous shared autonomous vehicle penetration and parking space constraint," Transportation Research Part B: Methodological, Elsevier, vol. 123(C), pages 258-278.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:netspa:v:21:y:2021:i:3:d:10.1007_s11067-021-09538-5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.