Leveraging Information in Parking Assistance Systems

@article{Kokolaki2013LeveragingII,
  title={Leveraging Information in Parking Assistance Systems},
  author={Evangelia Kokolaki and Merkouris Karaliopoulos and Ioannis Stavrakakis},
  journal={IEEE Transactions on Vehicular Technology},
  year={2013},
  volume={62},
  pages={4309-4317}
}
This paper systematically explores the efficiency of uncoordinated parking space allocation in urban environments with two types of parking facilities. Drivers decide whether to go for inexpensive but limited on-street parking spots or for expensive yet overdimensioned parking lots, incurring an additional cruising cost when they decide for on-street parking spots but fail to actually acquire one. Their decisions are made under perfect knowledge of the total parking supply and costs and… CONTINUE READING
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