Publication Cover
Transportation Letters
The International Journal of Transportation Research
Volume 13, 2021 - Issue 1
415
Views
13
CrossRef citations to date
0
Altmetric
Articles

A Shared Parking Space Optimization Model to Alleviate China’s Parking Problem Considering Travelers’ Tiered Credit Risk

, &
 

ABSTRACT

A shared parking space optimization (SPSO) model is established to alleviate China’s parking problem considering travelers’ tiered credit risk. The SPSO model has the following characteristics: travelers’ possibilities for default are measured by credit value; travelers with different credit tiers are classified and managed; the success of the shared parking space will be affected by the traveler’s credit value. In order to solve the SPSO model, we transform it into a vertex coloring problem of an undirected graph and then modify the ant colony algorithm (ACA) by improving in two aspects of pheromone concentration and termination rule of the traditional ACA algorithm. Numerical experiments of different sizes are performed to evaluate the validity and efficiency of the proposed model. This study may cater for the deficiencies in the research of credit risk in the implementation of shared parking mechanism to a certain extent.

Disclosure statement

No potential conflict of interest was reported by the authors.

Additional information

Funding

This study was supported by a grant from the National Natural Science Foundation of China (No. 71401097).

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.