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- Publisher Website: 10.1016/j.trc.2021.103301
- Scopus: eid_2-s2.0-85111052737
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Article: Modeling and managing the joint equilibrium of destination and parking choices under hybrid supply of curbside and shared parking
Title | Modeling and managing the joint equilibrium of destination and parking choices under hybrid supply of curbside and shared parking |
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Authors | |
Keywords | Shared parking Destination choice Parking choice Joint equilibrium Pricing strategies |
Issue Date | 2021 |
Publisher | Pergamon. The Journal's web site is located at http://www.elsevier.com/locate/trc |
Citation | Transportation Research Part C: Emerging Technologies, 2021, v. 130, p. article no. 103301 How to Cite? |
Abstract | This paper models the joint equilibrium of destination and parking choices in cities under hybrid supply of curbside parking and shared parking. Given the parking supply (capacities and prices), the joint equilibrium of destination and parking choices is formulated as a variational inequality problem. We then discuss the existence and uniqueness/non-uniqueness of the joint equilibrium. We also analyze the pricing strategies of private and public shared parking operators and how these are related to travelers’ destination and parking choices, where a private operator maximizes its profit (can be either monopoly or oligopoly) and a public operator maximizes social benefit. Numerical results are presented to illustrate the model and analytical results, and also to provide further understanding. |
Persistent Identifier | http://hdl.handle.net/10722/301663 |
ISSN | 2023 Impact Factor: 7.6 2023 SCImago Journal Rankings: 2.860 |
ISI Accession Number ID |
DC Field | Value | Language |
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dc.contributor.author | Liu, W | - |
dc.contributor.author | Zhang, F | - |
dc.contributor.author | Yang, H | - |
dc.date.accessioned | 2021-08-09T03:42:23Z | - |
dc.date.available | 2021-08-09T03:42:23Z | - |
dc.date.issued | 2021 | - |
dc.identifier.citation | Transportation Research Part C: Emerging Technologies, 2021, v. 130, p. article no. 103301 | - |
dc.identifier.issn | 0968-090X | - |
dc.identifier.uri | http://hdl.handle.net/10722/301663 | - |
dc.description.abstract | This paper models the joint equilibrium of destination and parking choices in cities under hybrid supply of curbside parking and shared parking. Given the parking supply (capacities and prices), the joint equilibrium of destination and parking choices is formulated as a variational inequality problem. We then discuss the existence and uniqueness/non-uniqueness of the joint equilibrium. We also analyze the pricing strategies of private and public shared parking operators and how these are related to travelers’ destination and parking choices, where a private operator maximizes its profit (can be either monopoly or oligopoly) and a public operator maximizes social benefit. Numerical results are presented to illustrate the model and analytical results, and also to provide further understanding. | - |
dc.language | eng | - |
dc.publisher | Pergamon. The Journal's web site is located at http://www.elsevier.com/locate/trc | - |
dc.relation.ispartof | Transportation Research Part C: Emerging Technologies | - |
dc.subject | Shared parking | - |
dc.subject | Destination choice | - |
dc.subject | Parking choice | - |
dc.subject | Joint equilibrium | - |
dc.subject | Pricing strategies | - |
dc.title | Modeling and managing the joint equilibrium of destination and parking choices under hybrid supply of curbside and shared parking | - |
dc.type | Article | - |
dc.identifier.email | Zhang, F: fnzhang@hku.hk | - |
dc.identifier.authority | Zhang, F=rp02657 | - |
dc.description.nature | link_to_subscribed_fulltext | - |
dc.identifier.doi | 10.1016/j.trc.2021.103301 | - |
dc.identifier.scopus | eid_2-s2.0-85111052737 | - |
dc.identifier.hkuros | 324064 | - |
dc.identifier.volume | 130 | - |
dc.identifier.spage | article no. 103301 | - |
dc.identifier.epage | article no. 103301 | - |
dc.identifier.isi | WOS:000686599900003 | - |
dc.publisher.place | United Kingdom | - |