Modelling the Effects of Parking Charge and Supply Policy Using System Dynamics Method
Reasonable parking charge and supply policy are essential for the regular operation of the traffic in city center. This paper develops an evaluation model for parking policies using system dynamics. A quantitative study is conducted to examine the effects of parking charge and supply policy on traffic speed. The model, which is composed of three interrelated subsystems, first summarizes the travel cost of each travel mode and then calibrates the travel choice model through the travel mode subsystem. Finally, the subsystem that evaluates the state of traffic forecasts future car speed based on bureau of public roads (BPR) function and generates new travel cost until the entire model reaches a steady state. The accuracy of the model is verified in Hangzhou Wulin business district. The related error of predicted speed is only 2.2%. The results indicate that the regular pattern of traffic speed and parking charge can be illustrated using the proposed model based on system dynamics, and the model infers that reducing the parking supply in core area will increase its congestion level and, under certain parking supply conditions, there exists an interval of possible pricing at which the service reaches a level that is fairly stable.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/oclc/5121625
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Supplemental Notes:
- © 2017 Zhenyu Mei et al.
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Authors:
- Mei, Z
- Lou, Q
- Zhang, Wenfen
- Zhang, L
- Shi, F
- Publication Date: 2017
Language
- English
Media Info
- Media Type: Web
- Features: References;
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Serial:
- Journal of Advanced Transportation
- Volume: 2017
- Issue Number: Article ID 6463586
- Publisher: John Wiley & Sons, Incorporated
- ISSN: 0197-6729
- EISSN: 2042-3195
- Serial URL: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)2042-3195
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Publication flags:
Open Access (libre)
Subject/Index Terms
- TRT Terms: Central business districts; Mathematical models; Parking; Parking demand; Policy making; Traffic speed
- Geographic Terms: Hangzhou Wulin (China)
- Subject Areas: Highways; Operations and Traffic Management; Policy; Safety and Human Factors;
Filing Info
- Accession Number: 01666123
- Record Type: Publication
- Files: TRIS
- Created Date: Apr 16 2018 11:22AM