01659732

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Making private parking spots useable to public is becoming popular in big cities in China. Sharing of private parking spots can promote the use of parking space and improve the utility of parking resource in urban metropolitan areas. However, little is known about the relationship between spots’ physical-temporal factors and rental effects. This study aims to evaluate the effects of private parking spot share from both individual and social benefit perspectives. One-year real behavioral records of parking spots’ owners and borrowers were obtained from a popular parking App named “Ding Ding Parking” (DParking), and the field survey of spots’ physical characteristics was conducted. Two Partial Least Squares Structural Equation Modeling (PLS-SEM) models were adopted to analyze the data. Results show that spots’ physical factors, including spot type, visibility, easiness for parking, and distances to major surrounding buildings, along with owners’ sharing willingness and habits, pose significant influences on the rental effects from both individual and social benefit perspectives. Some differences are also found between the two models. For the individual model, owners’ sharing willingness is the dominant factor affecting the parking spot sharing effects. While for the social model, spots’ physical characteristics are more important in determining the sharing effects. Based on the findings, suggestions were discussed to promote private parking spot sharing and increase the sharing benefits to individuals and society.

This paper was sponsored by TRB committee ABC10 Standing Committee on Strategic Management.

18-02671

English

6p

2018

Transportation Research Board 97th Annual Meeting

Digital/other

Figures; References; Tables

Data analysis; Evaluation and assessment; Large cities; Shared parking; Social benefits; Structural equation modeling

Partial least squares analysis

China

Data and Information Technology; Highways; Operations and Traffic Management; Planning and Forecasting; Policy; Society

Transportation Research Board Annual Meeting 2018 Paper #18-02671

TRIS, TRB, ATRI

Jan 8 2018 10:38AM