Improving travel efficiency by non-rigid expirable parking reservation

W. Liu, H. Yang, F. Zhang

Research output: Chapter in book / Conference proceedingConference article published in proceeding or bookAcademic researchpeer-review

Abstract

Recently, Liu et al. (2013) extends Yang et al. (2013) by considering the parking reservation with expiration time, under which commuters with reservation have to arrive at the parking spaces before the expiration time. They found that when parking reservations have uniform expiration time, it is socially preferable to let the parking reservation to be non-expirable. This study further considers the non-rigid expirable parking reservation scheme, under which commuter with reservation arriving later than the expiration time can remain his reservation valid with an additional fee. In this case, different from Liu et al. (2013), the total social cost can be further reduced compared with the non-expirable parking reservation scheme considered in Yang et al. (2013). However, although total social cost is reduced compared to the non-expirable scheme, total travel cost (with unpunctuality fee) indeed increases. This implies, for individual commuters, travel cost increases.

Original languageEnglish
Title of host publicationProceedings of the 18th International Conference of Hong Kong Society for Transportation Studies, HKSTS 2013 - Travel Behaviour and Society
PublisherHong Kong Society for Transportation Studies Limited
Pages565-572
Number of pages8
ISBN (Print)9789881581426
Publication statusPublished - Dec 2013
Event18th International Conference of Hong Kong Society for Transportation Studies on Travel Behaviour and Society, HKSTS 2013 - Hong Kong, Hong Kong
Duration: 14 Dec 201316 Dec 2013

Publication series

NameProceedings of the 18th International Conference of Hong Kong Society for Transportation Studies, HKSTS 2013 - Travel Behaviour and Society

Conference

Conference18th International Conference of Hong Kong Society for Transportation Studies on Travel Behaviour and Society, HKSTS 2013
Country/TerritoryHong Kong
CityHong Kong
Period14/12/1316/12/13

Keywords

  • Expiration time
  • Morning commute
  • Parking constraint
  • Parking reservation

ASJC Scopus subject areas

  • Transportation

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