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Trans. Planning Journal

Title A COMPARISON OF PARKING FEES AND CONGESTION TOLLS−A CASE STUDY FOR THE TAIPEI METROPOLITAN AREA
Author Jyh-Fa Tsai、Shih-Jiu Wang
Summary A regulatory parking fee is compared with road pricing. A commuting trip demand model with two alternative modal choices is developed. The behavior of searching for a parking lot is treated by an aggregate approach. Specifically, the time cost of searching for a parking space depends on the ratio of aggregate demand and aggregate supply in an area. Parking either in the CBD or at the boundary of the satellite city is needed for commuting trips. For the case of the Taipei metropolitan area, it is found that the performance of optimal parking fee is close to the first-best optimum road pricing if the parking demand is unavoidable for every commuting trip with the same origin-destination pair. Some sensitivity analyses are conducted for a small change in each parameter in the model.
Vol. 47
No. 1
Page 63
Year 2018
Month 3
Count Views:515
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