This paper presents a theoretical economic model that integrates parking pricing and cruising for parking in a steady state. It was assumed that drivers entering a downtown area decided where to park on the basis of the expected cost for either searching for a vacant space or proceeding to off-street parking. Two major results were obtained from the numerical analysis of the model:(1) cruising induces more cost with an increasing number of drivers that choose on-street parking; and (2) raising on-street parking fees to an optimal level will reduce the number of searchers and discourage individuals from parking their cars on the road.


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    Titel :

    An Integrated Model of Parking Pricing and Cruising


    Beteiligte:
    Zhou, Jingnan (Autor:in)

    Kongress:

    14th COTA International Conference of Transportation Professionals ; 2014 ; Changsha, China


    Erschienen in:

    CICTP 2014 ; 3441-3449


    Erscheinungsdatum :

    2014-06-24




    Medientyp :

    Aufsatz (Konferenz)


    Format :

    Elektronische Ressource


    Sprache :

    Englisch




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