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Article: Optimization of Time-Varying Parking Charges and Parking Supply in Networks with Multiple User Classes and Multiple Parking Facilities

TitleOptimization of Time-Varying Parking Charges and Parking Supply in Networks with Multiple User Classes and Multiple Parking Facilities
Authors
Keywordsbilevel model
optimization
parking charge
parking supply
time varying
Issue Date2007
PublisherTsinghua University.
Citation
Tsinghua Science And Technology, 2007, v. 12 n. 2, p. 167-177 How to Cite?
AbstractThe optimization of parking charges and parking supply over the time of a day is an important problem in the design of transportation networks. This paper presents a bilevel model to determine the optimal time-varying parking charges and parking supply in road networks with multiple user classes and different types of parking facilities. The upper level of the model aims to maximize the network net benefit in response to the parking charges and parking supply, whereas the lower level is a time-dependent network equilibrium problem with elastic demand. A descent-gradient-based solution algorithm is adapted to solve the model. The numerical results show that the implementation of time-varying parking charges and parking supply is useful to effectively cater to the time-varying demand with different parking needs. The model provides a powerful tool for strategically designing parking locations and evaluating various parking policies. © 2007 Tsinghua University Press.
Persistent Identifierhttp://hdl.handle.net/10722/71658
ISSN
2015 Impact Factor: 1.063
2015 SCImago Journal Rankings: 0.420
References

 

DC FieldValueLanguage
dc.contributor.authorLi, Zen_HK
dc.contributor.authorHuang, Hen_HK
dc.contributor.authorWilliam HK, Len_HK
dc.contributor.authorWong, SCen_HK
dc.date.accessioned2010-09-06T06:33:59Z-
dc.date.available2010-09-06T06:33:59Z-
dc.date.issued2007en_HK
dc.identifier.citationTsinghua Science And Technology, 2007, v. 12 n. 2, p. 167-177en_HK
dc.identifier.issn1007-0214en_HK
dc.identifier.urihttp://hdl.handle.net/10722/71658-
dc.description.abstractThe optimization of parking charges and parking supply over the time of a day is an important problem in the design of transportation networks. This paper presents a bilevel model to determine the optimal time-varying parking charges and parking supply in road networks with multiple user classes and different types of parking facilities. The upper level of the model aims to maximize the network net benefit in response to the parking charges and parking supply, whereas the lower level is a time-dependent network equilibrium problem with elastic demand. A descent-gradient-based solution algorithm is adapted to solve the model. The numerical results show that the implementation of time-varying parking charges and parking supply is useful to effectively cater to the time-varying demand with different parking needs. The model provides a powerful tool for strategically designing parking locations and evaluating various parking policies. © 2007 Tsinghua University Press.en_HK
dc.languageengen_HK
dc.publisherTsinghua University.en_HK
dc.relation.ispartofTsinghua Science and Technologyen_HK
dc.subjectbilevel modelen_HK
dc.subjectoptimizationen_HK
dc.subjectparking chargeen_HK
dc.subjectparking supplyen_HK
dc.subjecttime varyingen_HK
dc.titleOptimization of Time-Varying Parking Charges and Parking Supply in Networks with Multiple User Classes and Multiple Parking Facilitiesen_HK
dc.typeArticleen_HK
dc.identifier.emailWong, SC:hhecwsc@hku.hken_HK
dc.identifier.authorityWong, SC=rp00191en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1016/S1007-0214(07)70024-Xen_HK
dc.identifier.scopuseid_2-s2.0-34447536768en_HK
dc.identifier.hkuros126873en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-34447536768&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume12en_HK
dc.identifier.issue2en_HK
dc.identifier.spage167en_HK
dc.identifier.epage177en_HK
dc.identifier.scopusauthoridLi, Z=26643300400en_HK
dc.identifier.scopusauthoridHuang, H=7405610915en_HK
dc.identifier.scopusauthoridWilliam HK, L=34968797100en_HK
dc.identifier.scopusauthoridWong, SC=24323361400en_HK

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