TY - GEN
T1 - Improving travel efficiency by non-rigid expirable parking reservation
AU - Liu, W.
AU - Yang, H.
AU - Zhang, F.
PY - 2013/12
Y1 - 2013/12
N2 - 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.
AB - 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.
KW - Expiration time
KW - Morning commute
KW - Parking constraint
KW - Parking reservation
UR - http://www.scopus.com/inward/record.url?scp=84893303778&partnerID=8YFLogxK
M3 - Conference article published in proceeding or book
AN - SCOPUS:84893303778
SN - 9789881581426
T3 - Proceedings of the 18th International Conference of Hong Kong Society for Transportation Studies, HKSTS 2013 - Travel Behaviour and Society
SP - 565
EP - 572
BT - Proceedings of the 18th International Conference of Hong Kong Society for Transportation Studies, HKSTS 2013 - Travel Behaviour and Society
PB - Hong Kong Society for Transportation Studies Limited
T2 - 18th International Conference of Hong Kong Society for Transportation Studies on Travel Behaviour and Society, HKSTS 2013
Y2 - 14 December 2013 through 16 December 2013
ER -