Research Article

Modelling the Effects of Parking Charge and Supply Policy Using System Dynamics Method

Table 4

Simulation of effect of different policies.

Parking policiesCurrent situationDecreasing supply (−20%)
Charge unchanged
Increasing supply (+20%)
Charge unchanged
Supply unchanged
Increasing charge to 3.07 $/h

Travel speed (km/h)19.1618.8019.5420.31
Parking search time (min)2.663.592.151.99