Early Bird Scheme for Parking Management: How Does Parking Play a Role in the Morning Commute Problem
Zipeng Zhang and
Ning Zhang
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Zipeng Zhang: School of Economics and Management, Beihang University, Beijing 100191, China
Ning Zhang: School of Economics and Management, Beihang University, Beijing 100191, China
Sustainability, 2021, vol. 13, issue 15, 1-19
Abstract:
This paper extended the Vickrey’s point-queue model to study the early bird parking mechanism during morning commute peak hours. We not only investigated how commuters choose departure times in view of morning commute traffic congestion and the discounted early bird parking fee, but also analyzed the conditions which are determined for the existence of the user equilibrium in the analysis model provided in this paper. Moreover, the tendency of the total queuing time and the incremental parking pricing revenue was derived along with the different choice strategy between early bird parkers (ERPs) and regular parkers (RPs). The results showed that the number of commuters was jointly determined by the desired time and the bottleneck capacity for different schedules. Additionally, the method of fare incentive showed a better effect on reducing queue than the initial no-incentive method with the instantaneous travel demand. Most importantly, the incremental parking revenue can be increased by properly adjusting the parking pricing gap between ERPs and RPs. Our research not only provided several important propositions for the early bird parking mechanism but also included the optimal solutions for optimal parking pricing and schedule gap in two groups of parkers. This work is expected to promote the development of early bird parking to mitigate morning commute traffic congestion and motivate the related research of schedule coordination for regulating parking choice behavior in morning peak hours.
Keywords: departure time choice; bottleneck model; early bird parking; morning commuting problem (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
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