Heterogeneous Parking Market Subject to Parking Rationing

Different types of drivers and parking spaces delineate a heterogeneous parking market for which the literature has yet to provide a model applicable to the real world. The main obstacle is computational complexities of considering various parking restrictions along with traffic congestion on the ro...

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Veröffentlicht in:Mathematical problems in engineering Jg. 2015; H. 2015; S. 1 - 13
Hauptverfasser: Asadi Bagloee, Saeed, Asadi, Mohsen
Format: Journal Article
Sprache:Englisch
Veröffentlicht: Cairo, Egypt Hindawi Publishing Corporation 01.01.2015
John Wiley & Sons, Inc
Schlagworte:
Algorithms
Constraints
Heterogeneity
Markets
Mathematical models
Mathematical programming
Obstacles
Parking
Reserves
Roads
Shadows
Traffic assignment
Traffic congestion
Utility functions
Abu Dhabi United Arab Emirates
United Arab Emirates
ISSN:1024-123X, 1563-5147
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Zusammenfassung:Different types of drivers and parking spaces delineate a heterogeneous parking market for which the literature has yet to provide a model applicable to the real world. The main obstacle is computational complexities of considering various parking restrictions along with traffic congestion on the road network. In this study, the heterogeneity aspects are considered within a Logit parking choice model. A mathematical programming problem was introduced to explicitly consider parking capacities and parking rationing constraints. The parking rationing is defined as any arrangement to reserve parking space for some specific demand such as parking permit, private parking, VIP parking, and different parking durations. Introduction of parking rationing in the presence of other constraints is a unique factor in this study which makes the model more realistic. The algorithm was tested on a central business district case study. The results prove that the algorithm is able to converge rapidly. Among the algorithm’s output are shadow prices of the parking capacity and parking rationing constraints. The shadow prices contain important information which is key to addressing a variety of parking issues, such as the location of parking shortages, identification of fair parking charges, viability of parking permits, and the size of reserved parking.
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ISSN:1024-123X
1563-5147
DOI:10.1155/2015/847324