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

TitleA New Flexible Parking Reservation Scheme for the Morning Commute under Limited Parking Supplies
Authors
KeywordsMorning commute
Limited parking supply
Parking reservation
Expiration time
Flexible reservation
Issue Date2021
PublisherSpringer New York LLC. The Journal's web site is located at https://www.springer.com/journal/11067
Citation
Networks and Spatial Economics, 2021, v. 21 n. 3, p. 513-545 How to Cite?
AbstractRecent 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.
Persistent Identifierhttp://hdl.handle.net/10722/301631
ISSN
2023 Impact Factor: 1.6
2023 SCImago Journal Rankings: 0.595
ISI Accession Number ID

 

DC FieldValueLanguage
dc.contributor.authorWu, W-
dc.contributor.authorLiu, W-
dc.contributor.authorZhang, F-
dc.contributor.authorDixit, V-
dc.date.accessioned2021-08-09T03:41:53Z-
dc.date.available2021-08-09T03:41:53Z-
dc.date.issued2021-
dc.identifier.citationNetworks and Spatial Economics, 2021, v. 21 n. 3, p. 513-545-
dc.identifier.issn1566-113X-
dc.identifier.urihttp://hdl.handle.net/10722/301631-
dc.description.abstractRecent 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.-
dc.languageeng-
dc.publisherSpringer New York LLC. The Journal's web site is located at https://www.springer.com/journal/11067-
dc.relation.ispartofNetworks and Spatial Economics-
dc.subjectMorning commute-
dc.subjectLimited parking supply-
dc.subjectParking reservation-
dc.subjectExpiration time-
dc.subjectFlexible reservation-
dc.titleA New Flexible Parking Reservation Scheme for the Morning Commute under Limited Parking Supplies-
dc.typeArticle-
dc.identifier.emailZhang, F: fnzhang@hku.hk-
dc.identifier.authorityZhang, F=rp02657-
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1007/s11067-021-09538-5-
dc.identifier.scopuseid_2-s2.0-85106312832-
dc.identifier.hkuros324062-
dc.identifier.volume21-
dc.identifier.issue3-
dc.identifier.spage513-
dc.identifier.epage545-
dc.identifier.isiWOS:000652416200001-
dc.publisher.placeUnited States-

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