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Research on parking price model based on variable parking capacity

  • Jian Wang*
  • , Linlin Hong
  • , Jianping He
  • *Corresponding author for this work
  • School of Transportation Science and Engineering, Harbin Institute of Technology
  • Key Laboratory of Advanced Material and Intelligent Control Technology on Transportation Safety

Research output: Contribution to journalArticlepeer-review

Abstract

The change of on-street and off-street parking is analyzed, on this basis, the on-street parking mathematical optimization model with parking fee and parking capacity as variable is presented. The model aims at the most beneficial according to the financial profitability and social demand. The off-street aims at the most profitable change separately according to charge principle by average cost pricing method. Then the parking price in Guangzhou and Shanghai through the Lagrange algorithm and the average algorithm is calculated to prove the reliability of the models.

Original languageEnglish
Pages (from-to)517-520
Number of pages4
JournalWuhan Ligong Daxue Xuebao (Jiaotong Kexue Yu Gongcheng Ban)/Journal of Wuhan University of Technology (Transportation Science and Engineering)
Volume37
Issue number3
DOIs
StatePublished - Jun 2013
Externally publishedYes

Keywords

  • Off-street parking
  • On-street parking
  • Parking price
  • Variable parking

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