Optimal Pricing of Public Parking (Case Study Zone 1 and 3 of Isfahan City)

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SAFARI BABAK; NASR ESFAHANI REZA; MORADI EISA

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Journal: Journal of Economic Research Year:2015 | Volume:50 | Issue:3 Page(s): 751-776

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Information Journal Paper

Title

Optimal Pricing of Public Parking (Case Study Zone 1 and 3 of Isfahan City)

Author(s)

SAFARI BABAK | NASR ESFAHANI REZA | MORADI EISA | Issue Writer Certificate

Keywords

IsfahanQ2

optimal parking pricingQ2

parkingQ2

transportation networkQ1

Abstract

Optimal pricing of public parking can improve parking management. This leads to traffic flow, thereby reducing the cost of transportation network. In this paper, the transportation network with some origins, destinations, and public parking was considered. In the network, private cars drivers depending on travel time between origin and parking (driving time), travel time between parking and destination (walking time) and parking (price) cost, behave in a way to minimize the costs. The objective is minimizing the network cost with regard to the equilibrium behavior of private vehicle drivers. As a result, optimal􀀃 prices for each parking is determined. Modeling for the central region of Isfahan with 6 origins, 5 destinations and 18 public parkings were conducted. Based on the results of modeling, prices ranging from 1, 000 to 10, 000 Rials were obtained whereby Farshadi Parking has the highest price. Moreover, the findings determined the parking optimal amount and the parking optimal flow.

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APA: Copy

SAFARI, BABAK, NASR ESFAHANI, REZA, & MORADI, EISA. (2015). Optimal Pricing of Public Parking (Case Study Zone 1 and 3 of Isfahan City). TAHGHIGHAT-E-EGHTESADI, 50(3 ), 751-776. SID. https://sid.ir/paper/11776/en

Vancouver: Copy

SAFARI BABAK, NASR ESFAHANI REZA, MORADI EISA. Optimal Pricing of Public Parking (Case Study Zone 1 and 3 of Isfahan City). TAHGHIGHAT-E-EGHTESADI[Internet]. 2015;50(3 ):751-776. Available from: https://sid.ir/paper/11776/en

IEEE: Copy

BABAK SAFARI, REZA NASR ESFAHANI, and EISA MORADI, “Optimal Pricing of Public Parking (Case Study Zone 1 and 3 of Isfahan City),” TAHGHIGHAT-E-EGHTESADI, vol. 50, no. 3 , pp. 751–776, 2015, [Online]. Available: https://sid.ir/paper/11776/en

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