Economic Analysis of Curb Parking with Urban Delivery

Date/Time

09/12/2024
11:30 am-12:30 pm
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Abstract: The surge in online shopping has dramatically increased the demand for short-term curb access for package pickups and deliveries, leading to heightened competition for limited curb space. This talk addresses how the unique parking demand of deliverers, particularly their endogenous parking durations, affects the dynamics of urban curb parking systems. Continuum models of curb parking systems are developed, and analytical analyses are performed to understand the system dynamics and steady-state properties under the influence of increased urban deliveries. The theoretical capacity of three prevalent curb management strategies, including pricing, parking duration caps, and dedicated delivery bays, are examined and compared. Our findings offer valuable insights into the unique properties that deliverers introduce to curb parking dynamics, highlighting the need for a strategic reevaluation of status-quo managerial measures.

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Shangkun Jiang