The Study of Reservation Scheme for Managing Parking Cruising

Abstract

Abstract.Cruising for parking is a main contributor to traffic jam while the related researches are few. Assume travelers are well-informed, this paper first analyses user equilibrium (UE) in no parking fee scheme with different scarcity of parking spaces. We get a conclusion that information fails to solve traffic problems effectively in absent of control. Followed by the principle of cape and trade, the paper proposes parking reservation scheme which combining guidance (information) with tolling (control). Example shows that system cost reduces significantly after the implementation of the parking reservation scheme.