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Article: A demand-supply equilibrium model for parking services in Hong Kong

TitleA demand-supply equilibrium model for parking services in Hong Kong
Authors
KeywordsDemand-supply Equilibrium
Multiple Parking Facility Types
Multiple Vehicle Classes
Parking Model
Issue Date2004
PublisherHong Kong Institution of Engineers. The Journal's web site is located at http://www.hkie.org.hk/html/publications/transactions/index.asp
Citation
Transactions Hong Kong Institution Of Engineers, 2004, v. 11 n. 1, p. 48-53 How to Cite?
AbstractThis paper describes a usage-related parking model for the demand-supply equilibrium of parking services that was developed as part of Hong Kong's Second Parking Demand Study (PDS2), which culminated in 2003. The model adopts a network equilibrium approach in which there are multiple vehicle classes and multiple types of parking spaces (facilities). A set of admissible links is formed to connect a set of demand locations to a set of facility locations, in accordance with the admissibility of a vehicle class to a particular type of facility. A parking choice model that takes into account the parking search time, walking distance, and parking charge is developed, in which each vehicle chooses a parking facility to minimize its generalized parking cost at equilibrium. A method of successive averages is used to determine the equilibrium solution of the parking model. The peak parking accumulation at different locations and times can then be deduced from the model. The model has been validated with the Hong Kong situation.
Persistent Identifierhttp://hdl.handle.net/10722/70651
ISSN
2015 SCImago Journal Rankings: 0.145
References

 

DC FieldValueLanguage
dc.contributor.authorTong, COen_HK
dc.contributor.authorWong, SCen_HK
dc.contributor.authorLau, WWTen_HK
dc.date.accessioned2010-09-06T06:24:53Z-
dc.date.available2010-09-06T06:24:53Z-
dc.date.issued2004en_HK
dc.identifier.citationTransactions Hong Kong Institution Of Engineers, 2004, v. 11 n. 1, p. 48-53en_HK
dc.identifier.issn1023-697Xen_HK
dc.identifier.urihttp://hdl.handle.net/10722/70651-
dc.description.abstractThis paper describes a usage-related parking model for the demand-supply equilibrium of parking services that was developed as part of Hong Kong's Second Parking Demand Study (PDS2), which culminated in 2003. The model adopts a network equilibrium approach in which there are multiple vehicle classes and multiple types of parking spaces (facilities). A set of admissible links is formed to connect a set of demand locations to a set of facility locations, in accordance with the admissibility of a vehicle class to a particular type of facility. A parking choice model that takes into account the parking search time, walking distance, and parking charge is developed, in which each vehicle chooses a parking facility to minimize its generalized parking cost at equilibrium. A method of successive averages is used to determine the equilibrium solution of the parking model. The peak parking accumulation at different locations and times can then be deduced from the model. The model has been validated with the Hong Kong situation.en_HK
dc.languageengen_HK
dc.publisherHong Kong Institution of Engineers. The Journal's web site is located at http://www.hkie.org.hk/html/publications/transactions/index.aspen_HK
dc.relation.ispartofTransactions Hong Kong Institution of Engineersen_HK
dc.subjectDemand-supply Equilibriumen_HK
dc.subjectMultiple Parking Facility Typesen_HK
dc.subjectMultiple Vehicle Classesen_HK
dc.subjectParking Modelen_HK
dc.titleA demand-supply equilibrium model for parking services in Hong Kongen_HK
dc.typeArticleen_HK
dc.identifier.emailTong, CO:cotong@hku.hken_HK
dc.identifier.emailWong, SC:hhecwsc@hku.hken_HK
dc.identifier.authorityTong, CO=rp00178en_HK
dc.identifier.authorityWong, SC=rp00191en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1080/1023697X.2004.10667943-
dc.identifier.scopuseid_2-s2.0-2342522039en_HK
dc.identifier.hkuros85674en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-2342522039&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume11en_HK
dc.identifier.issue1en_HK
dc.identifier.spage48en_HK
dc.identifier.epage53en_HK
dc.publisher.placeHong Kongen_HK
dc.identifier.scopusauthoridTong, CO=7202715087en_HK
dc.identifier.scopusauthoridWong, SC=24323361400en_HK
dc.identifier.scopusauthoridLau, WWT=36847555200en_HK

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