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A traffic equilibrium model with paid-parking search

Author

Listed:
  • Renger van Nieuwkoop

    (ETH Zürich, Switzerland)

  • Kay Axhausen

    (ETH Zurich, Switzerland)

  • Thomas F. Rutherford

    (University of Wisconsin)

Abstract

This paper describes a Wardropian traffic flow model integrated with a search model for paid parking. The occupancy rate influences the probability of finding on-street (curbside) or off-street (garage) parking spaces. We formulate the model as a mixed complementarity problem, which has the advantage that there is no need for a complete enumeration of all possible paths, and the model can be solved using readily available software. We analyze different parking policies in Zurich and find that changing the parking fee structure will lead to high efficiency gains. Incorporating household heterogeneity is not critical for the overall efficiency effects but shows important regressive, distributional effects.

Suggested Citation

  • Renger van Nieuwkoop & Kay Axhausen & Thomas F. Rutherford, 2016. "A traffic equilibrium model with paid-parking search," CER-ETH Economics working paper series 16/236, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
  • Handle: RePEc:eth:wpswif:16-236
    as

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    File URL: http://www.cer.ethz.ch/content/dam/ethz/special-interest/mtec/cer-eth/cer-eth-dam/documents/working-papers/WP-16-236.pdf
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    References listed on IDEAS

    as
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    12. Verhoef, Erik & Nijkamp, Peter & Rietveld, Piet, 1995. "The economics of regulatory parking policies: The (IM)possibilities of parking policies in traffic regulation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 29(2), pages 141-156, March.
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    Citations

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    Cited by:

    1. Cao, Jin & Menendez, Monica, 2018. "Quantification of potential cruising time savings through intelligent parking services," Transportation Research Part A: Policy and Practice, Elsevier, vol. 116(C), pages 151-165.
    2. Clélia Lopez & Chuan-Lin Zhao & Stéphane Magniol & Nicolas Chiabaut & Ludovic Leclercq, 2019. "Microscopic Simulation of Cruising for Parking of Trucks as a Measure to Manage Freight Loading Zone," Sustainability, MDPI, vol. 11(5), pages 1-14, February.

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    More about this item

    Keywords

    parking modeling; traffic congestion; cruising for parking; on-street parking; mixed complementarity format;
    All these keywords.

    JEL classification:

    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy

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