DEVELOPMENT OF A DOWNTOWN PARKING MODEL
PROBABILISTIC MODELS HAVE BEEN BUILT TO EXPLAIN THE BEHAVIOR OF PEOPLE IN CHOOSING PARKING PLACES. THE EFFECTS ON PARKING CHOICES OF PARKING SYSTEM CHARACTERISTICS (E.G., PARKING COST, PARKING DISTANCE), AND SOCIOECONOMIC FACTORS (E.G., INCOME, AGE, SEX), WERE INVESTIGATED. THE ANALYTICAL TOOL USED WAS LOGIT ANALYSIS. IMPLICATIONS WERE DRAWN AND SOME EXAMPLES WORKED OUT FOR THE APPLICATIONS OF THE MODELS. USING THE MODELS DEVELOPED, EXPECTED PARKING COSTS AND EXPECTED WALKING TIMES CAN BE FOUND, EFFECTS OF PARKING COST CHANGES CAN BE INVESTIGATED, AND IT IS POSSIBLE TO ASSIGN PEOPLE TO DIFFERENT PARKING DISTANCES FROM DESTINATIONS. METHODS WERE DEVISED FOR FINDING THE VALUE OF SAVED WALKING TIME FROM PARKING PLACE TO DESTINATION. THE METHODS WERE APPLIED TO THE DATA AND VALUES OF TIME WERE ESTABLISHED THAT ARE SUITABLE FOR COST-BENEFIT ANALYSES OF DOWNTOWN PARKING FACILITY INVESTMENTS. /AUTHOR/
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Supplemental Notes:
- Proj Rpt No 4, 54 PP
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Corporate Authors:
Chicago Area Transportation Study
300 West Adams Street
Chicago, IL United States 60606 -
Authors:
- Ergun, G
- Publication Date: 1971-7
Subject/Index Terms
- TRT Terms: Benefit cost analysis; Central business districts; Costs; Investments; Logits; Mathematical models; Parking; Studies; Time; Walkways
- Uncontrolled Terms: Models
- Old TRIS Terms: Parking studies
- Subject Areas: Finance; Highways; Operations and Traffic Management;
Filing Info
- Accession Number: 00226075
- Record Type: Publication
- Files: TRIS
- Created Date: Oct 3 1971 12:00AM