Parking pricing method of public parking lots based on multi-aspect comprehensive benefit maximization

WANG Jian-jun; JIN Shu-xin; LI Wei-jia; CHEN Fa-an

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Article Navigation > Journal of Traffic and Transportation Engineering > 2017 > 17(2): 126-135

WANG Jian-jun, JIN Shu-xin, LI Wei-jia, CHEN Fa-an. Parking pricing method of public parking lots based on multi-aspect comprehensive benefit maximization[J]. Journal of Traffic and Transportation Engineering, 2017, 17(2): 126-135.

Citation:

WANG Jian-jun, JIN Shu-xin, LI Wei-jia, CHEN Fa-an. Parking pricing method of public parking lots based on multi-aspect comprehensive benefit maximization[J]. Journal of Traffic and Transportation Engineering, 2017, 17(2): 126-135.

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Parking pricing method of public parking lots based on multi-aspect comprehensive benefit maximization

1.
School of Highway, Chang'an University, Xi'an 710064, Shaanxi, China
2.
Key Laboratory of Road and Traffic Engineering of Ministry of Education, Tongji University, Shanghai 201804, China
3.
Department of Urban Studies and Planning, Massachusetts Institute of Technology, Cambridge 02139, Massachusetts, USA

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Author Bio:
WANG Jian-jun(1970-), male, professor, PhD, +86-29-82334850, wjjun16@163.com
Received Date: 2016-10-18
Publish Date: 2017-04-25

Abstract

Abstract

In order to guarantee the successful investment and operation of public parking lots in later stage, aparking pricing method based on multi-aspect comprehensive benefit maximization was proposed.Considering the interests and needs of parkers, investment managers and public society, parking tolerance price rate, average parking price rate and maximum social benefit parking price rate were worked out by using the data analysis of parking characteristics survey, the cost-profit parking pricing model, and the point elasticity coefficient model, respectively.Parking pricing modes were analyzed.Reasonable compositions and adjustment methods ofparking pricing scheme were made.The impacts of investment and operation benefit by the existing pricing method and proposed method were compared.By studying the single-factor and three-factor sensitivities of later period parking price rate, a relationship model between three factors and parking price rate was proposed, and the influences of combination values of three factors within the different scopes on parking pricing scheme were analyzed.Analysis result shows that the parking price rate of later period is the key factor in parking pricing scheme.When the investment recovery period, commercial space proportion and plot ratio of parking lot change in[-30%, 30%], the fluctuation range of later period parking price rate will be [-50%, 50%].When the fluctuation ranges of commercial space proportion and plot ratio of parking lot are both controlled in [-10%, 10%], the investment recovery period should not be taken too long.When the fluctuation ranges of investment recovery period and plot ratio of parking lot are both controlled in[-10%, 10%], the commercial space proportion should not be taken too small, and the most suitable proportion is 30%.When the fluctuation ranges of investment recovery period and commercial space proportion are both controlled in [-10%, 10%], the plot ratio of parking lot has small influence on the parking price rate of later period.
- traffic engineering,
- public parking lot,
- parking pricing method,
- later period parking price rate,
- point elastic coefficient model,
- sensitivity analysis

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References(29)

References

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