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Article Navigation >  Journal of Traffic and Transportation Engineering  > 2019  >  19(4): 161-170
JI Yan-jie, GAO Liang-peng, CHEN Dan-dan, TANG Dou-nan. Operational benefit evaluation model of flexible parking incentive mechanism based on game theory[J]. Journal of Traffic and Transportation Engineering, 2019, 19(4): 161-170. doi: 10.19818/j.cnki.1671-1637.2019.04.015
Citation: JI Yan-jie, GAO Liang-peng, CHEN Dan-dan, TANG Dou-nan. Operational benefit evaluation model of flexible parking incentive mechanism based on game theory[J]. Journal of Traffic and Transportation Engineering, 2019, 19(4): 161-170. doi: 10.19818/j.cnki.1671-1637.2019.04.015
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Operational benefit evaluation model of flexible parking incentive mechanism based on game theory

doi: 10.19818/j.cnki.1671-1637.2019.04.015
  • 1.

    School of Transportation, Southeast University, Nanjing 211189, Jiangsu, China

  • 2.

    School of Transportation, Fujian University of Technology, Fuzhou 350118, Fujian, China

  • 3.

    Department of Civil and Environmental Engineering, University of California, Berkeley, Berkeley 94710, California, USA

More Information
  • Author Bio:

    JI Yan-jie(1980-), female, associate professor, PhD, jiyanjie@seu.edu.cn

  • Received Date: 2019-01-07
  • Publish Date: 2019-08-25
    Abstract
  • The dynamic game process between car travelers and parking managers under the parking mechanism was analyzed. The quantitative relationships between the travelers' bidding behavior, individual travel cost and parking incentive intensity were studied. The operational benefit evaluation model for the flexible parking incentive mechanism was conducted. The sensitivity analysis method was used to explore the effects of various factors on the operational efficiency of flexible parking incentive mechanism, and an empirical study of the University of California, Berkeley was carried out. Analysis result shows that the flexible parking incentive mechanism can not only ensure the sustainability of daily operation of parking lot, but also promote the sharing of parking berths. In terms of economic benefit, the flexible parking incentive mechanism can adjust the number of reclaimed berths through the change of incentive intensity. When the maximum incentive intensity increases from $15 to $30, the number of reclaimed berths reduces from 17 to 8, showing that the mechanism can ensure the economic benefits of parking lot by selectively rejecting the high price berths. As the proportion of people who can accept the minimum incentive increases, the marginal benefit of reclaimed berth will increase. When the proportion increases from 5% to 55%, the marginal benefit increases from $14.4 per berth to $17.3 per berth, showing that with the increase of the number of bidders, the economic benefit of parking lot improves gradually. In terms of social efficiency, the implementation of flexible parking incentive mechanism can help to release the parking berth resources. For example, the daily velocity rate will decrease by about 9%, and the minimum vacancy rate will show an unbalanced increase of 0-8%, showing that the mechanism can effectively promote the travelers to share the parking berths actively.

     

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