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Improving travel efficiency by parking permits distribution and trading

Author

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  • Zhang, Xiaoning
  • Yang, Hai
  • Huang, Hai-Jun

Abstract

In this paper, we study various parking management schemes in a many-to-one network, where each origin is connected to the destination by a highway with a bottleneck and a parallel transit line. First, we derive a model to compute the morning commuting pattern when the destination has inadequate parking space to accommodate potential private cars. Second, we propose and compare the following three schemes of distributing parking permits to commuters residing in different origins: uniform, Pareto improving, and system optimum distribution of parking permits. Third, free trading of parking permits among commuters in a free market is introduced to better cater for commuters' parking needs. Numerical examples show that parking permits distribution and trading are very efficient in traffic management.

Suggested Citation

  • 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.
  • Handle: RePEc:eee:transb:v:45:y:2011:i:7:p:1018-1034
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Qian, Zhen (Sean) & Rajagopal, Ram, 2014. "Optimal occupancy-driven parking pricing under demand uncertainties and traveler heterogeneity: A stochastic control approach," Transportation Research Part B: Methodological, Elsevier, vol. 67(C), pages 144-165.
    2. Li, Zhi-Chun & Lam, William H.K. & Wong, S.C., 2014. "Bottleneck model revisited: An activity-based perspective," Transportation Research Part B: Methodological, Elsevier, vol. 68(C), pages 262-287.
    3. Ye, Hongbo & Yang, Hai, 2013. "Continuous price and flow dynamics of tradable mobility credits," Transportation Research Part B: Methodological, Elsevier, vol. 57(C), pages 436-450.
    4. 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.
    5. Zhu, Shanjiang & Du, Longyuan & Zhang, Lei, 2013. "Rationing and pricing strategies for congestion mitigation: Behavioral theory, econometric model, and application in Beijing," Transportation Research Part B: Methodological, Elsevier, vol. 57(C), pages 210-224.
    6. Nourinejad, Mehdi & Roorda, Matthew J., 2017. "Impact of hourly parking pricing on travel demand," Transportation Research Part A: Policy and Practice, Elsevier, vol. 98(C), pages 28-45.
    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. Arnott, Richard, 2014. "On the optimal target curbside parking occupancy rate," Economics of Transportation, Elsevier, vol. 3(2), pages 133-144.
    9. Wu, Di & Yin, Yafeng & Lawphongpanich, Siriphong & Yang, Hai, 2012. "Design of more equitable congestion pricing and tradable credit schemes for multimodal transportation networks," Transportation Research Part B: Methodological, Elsevier, vol. 46(9), pages 1273-1287.
    10. He, Fang & Yin, Yafeng & Shirmohammadi, Nima & Nie, Yu (Marco), 2013. "Tradable credit schemes on networks with mixed equilibrium behaviors," Transportation Research Part B: Methodological, Elsevier, vol. 57(C), pages 47-65.
    11. repec:eee:transa:v:102:y:2017:i:c:p:51-67 is not listed on IDEAS
    12. 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.
    13. Tian, Li-Jun & Yang, Hai & Huang, Hai-Jun, 2013. "Tradable credit schemes for managing bottleneck congestion and modal split with heterogeneous users," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 54(C), pages 1-13.
    14. 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.
    15. Inci, Eren, 2015. "A review of the economics of parking," Economics of Transportation, Elsevier, vol. 4(1), pages 50-63.
    16. Geroliminis, Nikolas, 2015. "Cruising-for-parking in congested cities with an MFD representation," Economics of Transportation, Elsevier, vol. 4(3), pages 156-165.
    17. 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.
    18. Wang, Guangmin & Gao, Ziyou & Xu, Meng & Sun, Huijun, 2014. "Joint link-based credit charging and road capacity improvement in continuous network design problem," Transportation Research Part A: Policy and Practice, Elsevier, vol. 67(C), pages 1-14.
    19. repec:eee:transb:v:101:y:2017:i:c:p:185-212 is not listed on IDEAS

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