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Establishing and assessing adaptive parking prices in a city:\n Algorithms, software and examples

2019/12/25 by Nir Fulman, Fulman, Nir, Itzhak Benenson +1
Engineering · Environmental Science · Social Sciences · #FOS: Physical sciences #Impact of Light on Environment and Health #Physics and Society (physics.soc-ph) #Smart Parking Systems Research #Transportation Planning and Optimization #Transportation and Mobility Innovations #Urban Transport and Accessibility

paper · pdf · doi:10.48550/arxiv.1912.11631

openalex publication_date 2019/12/25 · openalex created_date 2022/10/05 · openalex updated_date 2026/07/28

Abstract

We propose ParkSage, a set of spatially-explicit algorithms for establishing\nparking prices that guarantee a predetermined occupancy rate over a city, and\nfor evaluating the achieved reduction in parking search time. We apply ParkSage\nfor establishing overnight parking prices that guarantee 85% occupation in the\nIsraeli city of Bat Yam. Pricing by street links ensures high parking\navailability and close to zero cruising everywhere in the city, but is\ninconvenient for drivers. Establishing prices by the large and heterogeneous\ncity quarters results in local mismatch between demand and supply, the\nemergence of areas with fully occupied on-street parking and a long search time\nfor the drivers whose destinations are in these areas. We demonstrate that\npricing by the medium sized Transportation Analysis Zones, which is easy enough\nfor drivers to comprehend and abide by, is sufficient for eliminating cruising.\nThe software for establishing and assessing performance parking prices is based\non the standard municipal GIS layers of streets and parking lots and is\navailable for free download from\nhttps://www.researchgame.net/profile/NirFulman\n

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