An Integrated Model of Parking Pricing and Cruising
An Integrated Model of Parking Pricing and Cruising
- New search for: Zhou, Jingnan
- New search for: Zhou, Jingnan
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.
Document information
An Integrated Model of Parking Pricing and Cruising
14th COTA International Conference of Transportation Professionals ; 2014 ; Changsha, China
CICTP 2014 ; 3441-3449
2014-06-24
Conference paper
Electronic Resource
English
Similar titles
| British Library Conference Proceedings | 2005
| Elsevier | 2006
| Online Contents | 2006
Optimal dynamic parking pricing for morning commute considering expected cruising time
| Online Contents | 2014