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A Novel Reservation-Based Allocation Mechanism of Private Parking Slots Sharing

  • N. Shangbin
  • , Y. Zhenzhou
  • , H. Zhenyu
  • , Y. Yang
  • Beijing Jiaotong University
  • University of Washington

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Parking problems have hindered the smooth traffic in cities for a long time. In this paper, we propose reservation-based private parking slots allocation mechanisms from the e-parking platform's perspective in which proximity and parking cost are considered as demand preferences. Two allocation mechanisms are proposed. The advanced FBFS (first-book-first-serve) provides immediate feedback to each user while the PBA (preference-based-allocation) is an overall optimization mechanism which collects demands in a certain period and allocates at one time at a decision point. A binary integer linear programming model aiming at maximizing platform's profits is proposed for PBA. Results show that PBA guarantees the highest profits when the acceptance rates of the original FBFS, the advanced FBFS and PBA are in mere difference. In conclusion, PBA demonstrates unparalleled superiority while the advanced FBFS outstripped the original FBFS and the proposed mechanisms make good use of idle private parking resources.

Original languageEnglish
Title of host publicationInternational Conference on Transportation and Development 2020
Subtitle of host publicationTraffic and Bike/Pedestrian Operations - Selected Papers from the International Conference on Transportation and Development 2020
EditorsGuohui Zhang
PublisherAmerican Society of Civil Engineers (ASCE)
Pages227-238
Number of pages12
ISBN (Electronic)9780784483152
StatePublished - 2020
Externally publishedYes
EventInternational Conference on Transportation and Development 2020: Traffic and Bike/Pedestrian Operations, ICTD 2020 - Seattle, United States
Duration: 26 May 202029 May 2020

Publication series

NameInternational Conference on Transportation and Development 2020: Traffic and Bike/Pedestrian Operations - Selected Papers from the International Conference on Transportation and Development 2020

Conference

ConferenceInternational Conference on Transportation and Development 2020: Traffic and Bike/Pedestrian Operations, ICTD 2020
Country/TerritoryUnited States
CitySeattle
Period26/05/2029/05/20

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