Optimization of Time-Varying Parking Charges and Parking Supply in Networks with Multiple User Classes and Various Parking Facilities
The optimization of parking supply and parking charges over the time of day is an important problem in the design of transportation networks. This paper proposes a bi-level model to determine the optimal time-varying parking charges and parking supply in road networks with multiple user classes and different types of parking facilities. The upper level of the model aims to maximize the network net benefit in response to the parking charges and parking supply, whereas the lower level is a time-dependent network equilibrium problem with elastic demand. A descent-gradient based solution algorithm is adapted to solve the proposed model. The numerical results show that the implementation of time-varying parking charges and parking supply is useful to effectively cater for the time-varying demand with different parking needs.
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Corporate Authors:
500 Fifth Street, NW
Washington, DC United States 20001 -
Authors:
- Wong, S C
- Lam, William H K
- Li, Zhi-Chun
- Huang, Hai-Jun
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Conference:
- Transportation Research Board 85th Annual Meeting
- Location: Washington DC, United States
- Date: 2006-1-22 to 2006-1-26
- Date: 2006
Language
- English
Media Info
- Media Type: CD-ROM
- Features: Figures; References; Tables;
- Pagination: 13p
- Monograph Title: TRB 85th Annual Meeting Compendium of Papers CD-ROM
Subject/Index Terms
- TRT Terms: Demand; Parking; Parking facilities; Parking garages; Parking lots; Permit parking; Shared parking; Supply; Underground parking garages
- Subject Areas: Bridges and other structures; Design; Highways; Planning and Forecasting; Terminals and Facilities; I20: Design and Planning of Transport Infrastructure; I21: Planning of Transport Infrastructure;
Filing Info
- Accession Number: 01026015
- Record Type: Publication
- Report/Paper Numbers: 06-2898
- Files: TRIS, TRB
- Created Date: Jun 28 2006 8:47AM