On the parking sharing problem in a linear monocentric city

Wei Liu, Fangni Zhang, Xiaolei Wang, Chaoyi Shao, Hai Yang

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

1 Citation (Scopus)

Abstract

This study models the parking sharing problem in a linear monocentric city, where private parking owners can share their vacant spaces to parking users via an e-platform, and then examines the platform operator's pricing strategies for revenue-maximization or social-cost-minimization. The model considers the spatial dimension of parking that both public curbside spaces and private ones potentially available for sharing are distributed along the linear travel corridor. On the supply side, private parking owners can rent or “sell the right-of-use” of their spaces to the platform based on the rent they can receive and the inconvenience they would suffer by sharing. On the demand side, travelers make their parking choices of space type (curbside or shared) and location (distance from the city center) under given parking capacities and prices. Properties of the resulting parking choice equilibrium are briefly discussed.

Original languageEnglish
Title of host publicationTransportation Systems in the Connected Era - Proceedings of the 23rd International Conference of Hong Kong Society for Transportation Studies, HKSTS 2018
EditorsWeihua Gu, Shuaian Wang
PublisherHong Kong Society for Transportation Studies Limited
Pages745-752
Number of pages8
ISBN (Electronic)9789881581471
Publication statusPublished - Dec 2018
Externally publishedYes
Event23rd International Conference of Hong Kong Society for Transportation Studies: Transportation Systems in the Connected Era, HKSTS 2018 - Hong Kong, Hong Kong
Duration: 8 Dec 201810 Dec 2018

Publication series

NameTransportation Systems in the Connected Era - Proceedings of the 23rd International Conference of Hong Kong Society for Transportation Studies, HKSTS 2018

Conference

Conference23rd International Conference of Hong Kong Society for Transportation Studies: Transportation Systems in the Connected Era, HKSTS 2018
Country/TerritoryHong Kong
CityHong Kong
Period8/12/1810/12/18

Keywords

  • Parking Choice Equilibrium
  • Parking Location
  • Parking Sharing
  • Two-Sided Market

ASJC Scopus subject areas

  • Transportation

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