ABSTRACT
Shared parking is a way to alleviate the parking conflict. Reservation in advance can reduce travel time and avoid parking space vacancy costs of the operation platform, thereby improving the utilization rate of parking spaces. In practice, demand uncertainty still occurs throughout the reservation, such as overtime parking. The operation platform has to reserve emergency parking spaces for uncertain demand risks. Therefore, this paper proposes a two-stage stochastic programming model aiming to maximize the operation platform's expected profit. The analysis results show that the model can effectively alleviate the adverse impact of uncertainty of overtime parking. The model gives a theoretical reference for decision management of the operation platform.
