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A traffic equilibrium model with paid-parking search

Author

Listed:
  • Renger van Nieuwkoop

    (ETH Zürich, Switzerland)

  • Kay Axhausen

    (ETH Zurich, Switzerland)

  • Thomas F. Rutherford

    (University of Wisconsin)

Abstract

This paper describes a Wardropian traffic flow model integrated with a search model for paid parking. The occupancy rate influences the probability of finding on-street (curbside) or off-street (garage) parking spaces. We formulate the model as a mixed complementarity problem, which has the advantage that there is no need for a complete enumeration of all possible paths, and the model can be solved using readily available software. We analyze different parking policies in Zurich and find that changing the parking fee structure will lead to high efficiency gains. Incorporating household heterogeneity is not critical for the overall efficiency effects but shows important regressive, distributional effects.

Suggested Citation

  • Renger van Nieuwkoop & Kay Axhausen & Thomas F. Rutherford, 2016. "A traffic equilibrium model with paid-parking search," CER-ETH Economics working paper series 16/236, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    • Handle: RePEc:eth:wpswif:16-236
    as

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    File URL: http://www.cer.ethz.ch/content/dam/ethz/special-interest/mtec/cer-eth/cer-eth-dam/documents/working-papers/WP-16-236.pdf
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    References listed on IDEAS

    as
    1. Arnott, Richard, 2006. "Spatial competition between parking garages and downtown parking policy," Transport Policy, Elsevier, vol. 13(6), pages 458-469, November.
    2. repec:bla:econom:v:44:y:1977:i:175:p:297-304 is not listed on IDEAS
    3. Arnott, Richard & Inci, Eren, 2006. "An integrated model of downtown parking and traffic congestion," Journal of Urban Economics, Elsevier, vol. 60(3), pages 418-442, November.
    4. Anderson, Simon P. & de Palma, Andre, 2004. "The economics of pricing parking," Journal of Urban Economics, Elsevier, vol. 55(1), pages 1-20, January.
    5. Rutherford, Thomas F., 1995. "Extension of GAMS for complementarity problems arising in applied economic analysis," Journal of Economic Dynamics and Control, Elsevier, vol. 19(8), pages 1299-1324, November.
    6. Lam, William H.K. & Li, Zhi-Chun & Huang, Hai-Jun & Wong, S.C., 2006. "Modeling time-dependent travel choice problems in road networks with multiple user classes and multiple parking facilities," Transportation Research Part B: Methodological, Elsevier, vol. 40(5), pages 368-395, June.
    7. Glazer, Amihai, 1981. "Congestion Tolls and Consumer Welfare," Public Finance = Finances publiques, , vol. 36(1), pages 77-83.
    8. Arnott, Richard & de Palma, Andre & Lindsey, Robin, 1991. "A temporal and spatial equilibrium analysis of commuter parking," Journal of Public Economics, Elsevier, vol. 45(3), pages 301-335, August.
    9. Arnott, Richard & Rowse, John, 1999. "Modeling Parking," Journal of Urban Economics, Elsevier, vol. 45(1), pages 97-124, January.
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    11. Glazer, Amihai & Niskanen, Esko, 1992. "Parking fees and congestion," Regional Science and Urban Economics, Elsevier, vol. 22(1), pages 123-132, March.
    12. Verhoef, Erik & Nijkamp, Peter & Rietveld, Piet, 1995. "The economics of regulatory parking policies: The (IM)possibilities of parking policies in traffic regulation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 29(2), pages 141-156, March.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Cao, Jin & Menendez, Monica, 2018. "Quantification of potential cruising time savings through intelligent parking services," Transportation Research Part A: Policy and Practice, Elsevier, vol. 116(C), pages 151-165.
    2. Clélia Lopez & Chuan-Lin Zhao & Stéphane Magniol & Nicolas Chiabaut & Ludovic Leclercq, 2019. "Microscopic Simulation of Cruising for Parking of Trucks as a Measure to Manage Freight Loading Zone," Sustainability, MDPI, vol. 11(5), pages 1-14, February.

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    More about this item

    Keywords

    parking modeling; traffic congestion; cruising for parking; on-street parking; mixed complementarity format;
    All these keywords.

    JEL classification:

    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy

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