Improving travel efficiency by parking permits distribution and trading

Xiaoning Zhang, Hai Yang and Hai-Jun Huang ()

Transportation Research Part B: Methodological, 2011, vol. 45, issue 7, 1018-1034

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.

Keywords: Parking; permit; Trade; Bi-modal; equilibrium; Pareto; System; optimum (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (55)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0191261511000531
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:transb:v:45:y:2011:i:7:p:1018-1034

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01

Access Statistics for this article

Transportation Research Part B: Methodological is currently edited by Fred Mannering

More articles in Transportation Research Part B: Methodological from Elsevier
Bibliographic data for series maintained by Catherine Liu ().