Title
IoT-based location and quality decision-making in emerging shared parking facilities with competition.
Abstract
Shared parking firms offer a double-sided platform for parking space sharing. Many of these firms provide differentiated service levels to both suppliers and buyers. This new phenomenon in the parking industry materialized thanks to recent innovations in IoT-enabled automation and electric vehicle charging technologies. We study shared parking firms. Specifically, we formulate the firm's location and quality decision problem by using a multiplicative interaction model with competition. A non-cooperative game renders the optimized quality levels and location selections at Nash equilibrium in the presence of competition. We illustrate managerial insights with a small-sized problem. For industry practitioners, we propose a tailored branch and bound based exact algorithm and a problem-specific genetic algorithm for large-sized problems. Simulated computational results confirm the effectiveness and efficiency of the proposed shared-parking decision support model.
Year
DOI
Venue
2020
10.1016/j.dss.2020.113301
Decision Support Systems
Keywords
DocType
Volume
Sharing economy,Shared parking,Electric vehicle,Sharing decision support
Journal
134
ISSN
Citations 
PageRank 
0167-9236
0
0.34
References 
Authors
0
5
Name
Order
Citations
PageRank
Peng Wu1655.95
Feng Chu2103078.80
Nasreddine Saidani3121.34
Haoxun Chen477360.23
Wei Zhou515617.25