Dynamic pricing and reservation for intelligent urban parking management

Despite rapid advances of information technologies for intelligent parking systems, it remains a challenge to optimally manage limited parking resources in busy urban neighborhoods. In this paper, we use dynamic location-dependent parking pricing and reservation to improve system-wide performance of an intelligent parking system. With this system, the parking agency is able to decide the spatial and temporal distribution of parking prices to achieve a variety of objectives, while drivers with different origins and destinations compete for limited parking spaces via online reservation. We develop a multi-period non-cooperative bi-level model to capture the complex interactions among the parking agency and multiple drivers, as well as a non-myopic approximate dynamic programming (ADP) approach to solve the model. It is shown with numerical examples that the ADP-based pricing policy consistently outperforms alternative policies in achieving greater performance of the parking system, and shows reliability in handling the spatial and temporal variations in parking demand.     

Drivers’ parking location choice under uncertain parking availability and search times: A stated preference experiment

To assess parking pricing policies and parking information and reservation systems, it is essential to understand how drivers choose their parking location. A key aspect is how drivers’ behave towards uncertainties towards associated search times and finding a vacant parking spot. This study presents the results from a stated preference experiment on the choice behaviour of drivers, in light of these uncertainties. The attribute set was selected based on a literature review, and appended with the probabilities of finding a vacant parking spot upon arrival and after 8 min (and initially also after 4 min, but later dropped to reduce the survey complexity). Efficient Designs were used to create the survey design, where two rounds of pilot studies were conducted to estimate prior coefficients. Data was successfully collected from 397 respondents. Various random utility maximisation (RUM) choice models were estimated, including multinomial logit, nested logit, and mixed logit, as well as models accounting for panel effects. These model analyses show how drivers appear to accept spending time on searching for a vacant parking spot, where parking availability after 8 min ranks second most important factor in determining drivers’ parking decisions, whilst parking availability upon arrival ranks fourth. Furthermore, the inclusion of heterogeneity in preferences and inter-driver differences is found to increase the predictive power of the parking location choice model. The study concludes with an outlook of how these insights into drivers’ parking behaviour can be incorporated into traffic assignment models and used to support parking systems.     

Optimal dynamic parking pricing for morning commute considering expected cruising time

This paper investigates how recurrent parking demand can be managed by dynamic parking pricing and information provision in the morning commute. Travelers are aware of time-varying pricing information and time-varying expected occupancy, through either their day-to-day experience or online information provision, to make their recurrent parking choices. We first formulate the parking choices under the User Equilibrium (UE) conditions using the Variational Inequality (VI) approach. More importantly, the System Optimal (SO) parking flow pattern and SO parking prices are also derived and solved efficiently using Linear Programming. Under SO, any two parking clusters cannot be used at the same time by travelers between more than one Origin–Destination (O–D) pairs. The SO parking flow pattern is not unique, which offers sufficient flexibility for operators to achieve different management objectives while keeping the flow pattern optimal. We show that any optimal flow pattern can be achieved by charging parking prices in each area that only depend on the time or occupancy, regardless of origins and destinations of users of this area. In the two numerical experiments, the best system performance is usually achieved by pricing the more preferred (convenient) area such that it is used up to a terminal occupancy of around 85–95%. Optimal pricing essentially balances the parking congestion (namely cruising time) and the level of convenience.     

Is the curb 80% full or 20% empty? Assessing the impacts of San Francisco’s parking pricing experiment

The city of San Francisco is undertaking a large-scale controlled parking pricing experiment. San Francisco has adopted a performance goal of 60–80% occupancy for its metered parking. The goal represents an heuristic performance measure intended to reduce double parking and cruising for parking, and improve the driver experience; it follows a wave of academic and policy literature that calls for adjusting on-street parking prices to achieve similar occupancy targets. In this paper, we evaluate the relationship between occupancy rules and metrics of direct policy interest, such as the probability of finding a parking space and the amount of cruising. We show how cruising and arrival rates can be simulated or estimated from hourly occupancy data. Further, we evaluate the impacts of the first two years of the San Francisco program, and conclude that rate changes have helped achieve the City’s occupancy goal and reduced cruising by 50%.     

Expirable parking reservations for managing morning commute with parking space constraints

When total parking supply in an urban downtown area is insufficient, morning commuters would choose their departure times not only to trade off bottleneck congestion and schedule delays, but also to secure a parking space. Recent studies found that an appropriate combination of reserved and unreserved parking spaces can spread the departures of those morning commuters and hence reduce their total travel cost. To further mitigate both traffic congestion and social cost from competition for parking, this study considers a parking reservation scheme with expiration times, where commuters with a parking reservation have to arrive at parking spaces for the reservation before a predetermined expiration time. We first show that if all parking reservations have the same expiration time, it is socially preferable to set the reservations to be non-expirable, i.e., without expiration time. However, if differentiated expiration times are properly designed, the total travel cost can be further reduced as compared with the reservation scheme without expiration time, since the peak will be further smoothed out. We explore socially desirable equilibrium flow patterns under the parking reservation scheme with differentiated expiration times. Finally, efficiencies of the reservation schemes are examined.     

Parking space management via dynamic performance-based pricing

In congested urban areas, it remains a pressing challenge to reduce unnecessary vehicle circling for parking while at the same time maximize parking space utilization. In observance of new information technologies that have become readily accessible to drivers and parking agencies, we develop a dynamic non-cooperative bi-level model (i.e. Stackelberg leader–follower game) to set parking prices in real-time for effective parking access and space utilization. The model is expected to fit into an integrated parking pricing and management system, where parking reservations and transactions are facilitated by sensing and informatics infrastructures, that ensures the availability of convenient spaces at equilibrium market prices. It is shown with numerical examples that the proposed dynamic parking pricing model has the potential to virtually eliminate vehicle circling for parking, which results in significant reduction in adverse socioeconomic externalities such as traffic congestion and emissions.     

A study on smart parking guidance algorithm

Parking problem becomes one of major issues in the city transportation management since the spatial resource of a city is limited and the parking cost is expensive. Lots of cars on the road should spend unnecessary time and consume energy during searching for parking due to limited parking space. To cope with these limitations and give more intelligent solutions to drivers in the selection of parking facility, this study proposes a smart parking guidance algorithm. The proposed algorithm supports drivers to find the most appropriate parking facility considering real-time status of parking facilities in a city. To suggest the most suitable parking facility, several factors such as driving distance to the guided parking facility, walking distance from the guided parking facility to destination, expected parking cost, and traffic congestion due to parking guidance, are considered in the proposed algorithm. To evaluate the effectiveness of the proposed algorithm, simulation tests have been carried out. The proposed algorithm helps to maximize the utilization of space resources of a city, and reduce unnecessary energy consumption and CO₂ emission of wandering cars since it is designed to control the utilization of parking facility efficiently and reduce traffic congestion due to parking space search.     

Modeling the impact of parking price policy on free-floating carsharing: Case study for Zurich,Switzerland

The research on carsharing has already shown that a non-negligible part of carsharing members give up a vehicle after joining a carsharing program, or avoid a vehicle purchase. This arguably reduces overall parking space needed. This might well be one of the most important impacts of a carsharing program on the transportation system, but also one of the least researched. The rapid diffusion of free-floating carsharing, which for its very nature might have a stronger impact on parking, makes the relationship between carsharing and parking an appealing topic for new research. This work presents a method for the investigation of this relationship using an agent-based simulation and explores the impacts of different parking prices on the demand for free-floating carsharing in the city of Zurich, Switzerland. Three levels of free-floating fleet-size in the city of Zurich coupled with three levels of parking prices were simulated. The obtained results show that free-floating vehicles are able to use parking spaces more efficiently than private vehicles. Moreover, the average parking occupancy tends to be more homogeneous with higher fleet-size of free-floating carsharing and with the increase of parking prices, thus avoiding spatial parking pressure peaks.     

Analysis of parking cruising behaviour and parking location choice

ABSTRACT

This paper explores car drivers’ cruising behaviour and location choice for curb parking in areas with insufficient parking space based on a survey of car drivers in Beijing, China. Preliminary analysis of the data show that car drivers’ cruising behaviour is closely related to their parking duration and parking location. A multinomial probit (MNP) model is used to analyse cruising behaviour and the results show that the closer to the destination car drivers are, the more likely they choose to park on the curb. The adjacent locations are the basis of car drivers’ sequential parking decisions at different locations. The research results provide a better understanding of cruising behaviour for parking and recommendations for reducing cruising for parking. The provision of parking information can help regulate the parking demand distribution.     

Truck parking in urban areas: Application of choice modelling within traffic microsimulation

Urban truck parking policies include time restrictions, pricing policies, space management and enforcement. This paper develops a method for investigating the potential impact of truck parking policy in urban areas. An econometric parking choice model is developed that accounts for parking type and location. A traffic simulation module is developed that incorporates the parking choice model to select suitable parking facilities/locations. The models are demonstrated to evaluate the impact of dedicating on-street parking in a busy street system in the Toronto CBD. The results of the study show lower mean searching time for freight vehicles when some streets are reserved for freight parking, accompanied by higher search and walking times for passenger vehicles.     

The optimal dual-pricing policy of mall parking service

In studies of parking policy, the role of parking pricing has been addressed. Most researches have focused on the determination of a proper price for city parking spaces that are open to the public and it is now evident that price is used by authorities as a tool to manage transport demand. However, studies of parking pricing that pertain to privately-owned parking resources are few and in particular, the problem of setting a proper price for physical market parking has rarely been studied, such as a mall’s ‘dual-pricing portfolio’ decision for the simultaneous determination of a parking fee and the consumer spending required for free parking (i.e., the ‘threshold’). This is a common problem for most malls, but the different agents involved (e.g., the visitors, the mall, the marketplace and the parking lot departments) usually have diverse goals, so the decision must take account of a multiplicity of criteria and subtle relationships. In order to systematically support this type of inter-departmental decision process, a decision model that includes an analytical decision-aid process and the relevant programming models is established. A numerical example verifies the proposed model by taking the data for a mall in Taiwan and the implications, in terms of management, are given. This systematic computational model can be generalized to any type of commercial market that requires a (new) parking pricing policy.     

Parking demand and responsiveness to supply,pricing and location in the Sydney central business district

This paper investigates the role of parking pricing and supply by time of day in whether to drive and park in the central business district (CBD). A stated preference survey of car drivers and public transport users was undertaken at a number of parking locations, public transit interchanges, and shopping centres in Sydney CBD during 1998. In the context of a current trip to the CBD, respondents were asked to consider six alternatives, including three parking locations in the CBD, park outside of the CBD with public transport connection to the CBD, switch to public transport, or forego that trip to the CBD. The three parking locations were defined by hours of operation, a tariff schedule, and access time to the final destination from the parking station. Data from the survey were then used to estimate a nested logit model of mode and parking choices, which was then used to simulate the impacts of supply pricing scenarios on CBD parking share. The change in CBD parking share attributable to supply by time of day is less than 3%, compared to 97% attributable to parking prices.     

Revenue management in the parking industry: a multiple garage intelligent reservation model

This paper explores how advanced reservations, coupled with dynamic pricing (based on booking limits) can be used to maximize parking revenue. An integer programing formulation that maximizes parking revenue over a system of garages is presented. Furthermore, an intelligent parking reservation model is developed that uses an artificial neural network procedure for online reservation decision-making. Finally, the paper provides some strategic and managerial implications of multi-garage revenue management systems, and discusses techniques for identifying and implementing micro-market segmentation in the parking industry.     

A simple reservation and allocation model of shared parking lots

With increasing auto demands, efficient parking management is by no means less important than road traffic congestion control. This is due to shortages of parking spaces within the limited land areas of the city centers in many metropolises. The parking problem becomes an integrated part of traffic planning and management. On the other hand, it is a fact that many private parking spots are available during daytime in nearby residential compound because those residents drive their cars out to work. These temporarily vacant parking lots can be efficiently utilized to meet the parking demand of other drivers who are working at nearby locations or drivers who come for shopping or other activities. This paper proposes a framework and a simple model for embracing shared use of residential parking spaces between residents and public users. The proposed shared use is a winning strategy because it maximizes the use of private resources to benefit the community as a whole. It also creates a new business model enabled by the fast-growing mobile apps in our daily lives.     

Modelling parking choices considering user heterogeneity

We examine car driver’s behaviour when choosing a parking place; the alternatives available are free on-street parking, paid on-street parking and parking in an underground multi-storey car park. A mixed logit model, allowing for correlation between random taste parameters and estimated using stated choice data, is used to infer values of time, both when looking for a parking space and for accessing the final destination. Apart from the cost of parking, we found that vehicle age was a key variable when choosing where to park in Spain. We also found that the perception of the parking charge was fairly heterogeneous, depending both on the drivers’ income levels and whether or not they were local residents. Our results can be generalised for personalised policy making related with parking demand management.     

Parking management for promoting sustainable transport in urban neighbourhoods. A review of existing policies and challenges from a German perspective

ABSTRACT

The organisation of parking is a key challenge to more sustainable mobility in urban areas, as its pricing and availability affect the rates of private car ownership and use. However, changing parking policies is a challenging issue for local politicians and planners because residents frequently oppose changes or restrictions to conditions they have taken for granted such as on-street parking in a public space. The aim of this paper is firstly to assess how the parking policy of an urban neighbourhood can be structured to contribute to more sustainable mobility and to increase liveability in the neighbourhood. The second aim is to apply the policies reviewed to an example neighbourhood. For this purpose, we systematically reviewed academic literature and identified five types of relevant parking policies: (i) maximum parking requirements, (ii) physical detachment of residence and parking space, (iii) residential parking permits and the limitation of available parking space, (iv) performance-based pricing and (v) parking as a demand management strategy. We discovered that most research focuses on econometric models about parking and that studies rarely address the effects of parking on the quality of life in neighbourhoods. Therefore, we need further research regarding the relationship of parking and liveability. We conclude that for the implementation of such parking policies in an example neighbourhood, the municipality needs to develop a mobility vision for its city. It has to understand parking as a tool for transportation demand management to increase the acceptance of parking policy concepts and to avoid spillover problems. Finally, in the German case, as in most other countries, states and municipalities need to redesign their legal frameworks to be able to manage parking supply better and to react to changes related to digital developments and parking. The findings have implications for other European neighbourhoods regarding the transfer from research to local circumstances and applications for the whole city.     

A novel permit scheme for managing parking competition and bottleneck congestion

Morning commuters may have to depart from home earlier to secure a parking space when parking supply in the city center is insufficient. Recent studies show that parking reservations can reduce highway congestion and deadweight loss of parking competition simultaneously. This study develops a novel tradable parking permit scheme to realize or implement parking reservations when commuters are either homogeneous or heterogeneous in their values of time. It is found that an expirable parking permit scheme with an infinite number of steps, i.e., the ideal-scheme, is superior to a time-varying pricing scheme in the sense that designing a permit scheme does not require commuters’ value of time information and the performance of the scheme is robust to the variation of commuters’ value of time. Although it is impractical to implement the ideal-scheme with an infinite number of steps, the efficiency loss of a permit scheme with finite steps can be bounded in both cases of homogeneous and heterogeneous commuters. Moreover, considering the permit scheme may lead to an undesirable benefit distribution among commuters, we propose an equal cost-reduction distribution of parking permits where auto commuters with higher value of time will receive fewer permits.     

Establishing parking generation rates/models of selected land uses for Palestinian cities

Estimating parking demand in Palestine requires more oriented studies towards parking generation to enrich transportation planning, design, and management. Using regional or international models and rates of parking demand may not be appropriate for Palestine. This research is conducted to establish a reference for provision of parking supply for three major types of land uses, which are residential, office, and retail.Seventy-three sites of different land uses were selected through field investigations, interviews, and availability of information for each site. The study covered all main cities in the West Bank, Palestine. Data collection was conducted manually, which contains site characteristics and average of two-day parking counts during three periods (AM, PM, and Peak of the Development).Numerous models and rates were investigated yielding variable statistical accuracies. Most appropriate statistical models/rates were summarized and highlighted for each type of land use, and parking generation models with acceptable statistical significance were recommended, otherwise, parking generation rates were recommended. Simple linear regression, natural logarithmic linear regression, and power were the forms of the recommended models for the studied land uses.This study forms the first step of a future Palestinian “Parking Generation Manual” that should contain various local land use types.     

An equilibrium analysis of commuter parking in the era of autonomous vehicles

This study is the first in the literature to model the joint equilibrium of departure time and parking location choices when commuters travel with autonomous vehicles (AVs). With AVs, walking from parking spaces to the work location is not needed. Instead, AVs will drop off the commuters at the workplace and then drive themselves to the parking spaces. In this context, the equilibrium departure/arrival profile is different from the literature with non-autonomous vehicles (non-AVs). Besides modeling the commuting equilibrium, this study further develops the first-best time-dependent congestion tolling scheme to achieve the system optimum. Also, a location-dependent parking pricing scheme is developed to replace the tolling scheme. Furthermore, this study discusses the optimal parking supply to minimize the total system cost (including both the travel cost and the social cost of parking supply) under either user equilibrium or system optimum traffic flow pattern. It is found that the optimal planning of parking can be different from the non-AV situation, since the vehicles can drive themselves to parking spaces that are further away from the city center and walking of commuters is avoided. This paper sheds light on future parking supply planning and traffic management.     

A review of the impact of parking policy measures on travel demand

This paper reviews the empirical evidence relating to the impact of parking policy measures on the demand for parking and for travel. Disaggregate modal choice models, disaggregate parking location models and site‐specific studies of parking behaviour are examined. With regard to modal choice models, it is concluded that few studies deal adequately with parking factors, but that there is some support for the view that parking policy measures are a relatively important influence on modal choice. When parking location models are examined parking policy variables are shown to have a substantial impact on choice of parking location. With regard to site‐specific studies, the paper concludes that there is a great variation in the parking price elasticities quoted, which reflects partly the methodological problems associated with such studies. Suggestions to improve model specification are made.