2022
Yan, Qianqian; Feng, Tao; Timmermans, Harry J. P.
Proceedings 101th Annual Meeting of the Transportation Research Board, Washington DC, USA., 2022.
Abstract | Links | BibTeX | Tags: Group decision, Shared parking
@conference{c07ad19e191c40d681b19e8ca1d2279a,
title = {A model of household shared parking decisions incorporating equity seeking household dynamics and leadership personality traits.},
author = {Qianqian Yan and Tao Feng and Harry J.P. Timmermans},
url = {https://annualmeeting.mytrb.org/OnlineProgram/Details/17301},
doi = {TRBAM-22-00766},
year = {2022},
date = {2022-01-01},
urldate = {2022-01-01},
booktitle = {Proceedings 101th Annual Meeting of the Transportation Research Board, Washington DC, USA.},
abstract = {Shared parking is viewed increasingly important as a way to alleviate parking problems in urban areas. To maximize the effect of shared parking initiatives, it is critical to understand the decision to share private parking space with the public. Because private parking space is a household property, the decision whether or not to share the parking space is a household decision. Current models of household decision making fail to adequately address equity seeking/avoiding household dynamics, which may bias parameter estimation. In this study, a model, which overcomes theoretical concerns about existing household decision models, is introduced and applied to the household shared parking participation decision. Specifically, leadership personality, which has been extensively studied in other research realms but has been neglected in models of household decision making, is used, together with individual and household characteristics, to specify the decision weight of each spouse of a couple. A choice experiment, in which individual members of couples first answer the choice questions separately and individually, and then complete the choice questions jointly, is designed to estimate the model. Estimation results, based on data collected in Qingdao, China support the formulated model, incorporating preferences of husbands and wives, their relative decision weight, equity seeking behavior and intra-household interactions. Results show that intrahousehold interactions influence the households’ shared parking engagement decision and that households favor alternatives that provide a more equal utility across the involved household members. Age, leadership personality, household structure, and household financial management are significantly related with household member decision weights. },
keywords = {Group decision, Shared parking},
pubstate = {published},
tppubtype = {conference}
}
Shared parking is viewed increasingly important as a way to alleviate parking problems in urban areas. To maximize the effect of shared parking initiatives, it is critical to understand the decision to share private parking space with the public. Because private parking space is a household property, the decision whether or not to share the parking space is a household decision. Current models of household decision making fail to adequately address equity seeking/avoiding household dynamics, which may bias parameter estimation. In this study, a model, which overcomes theoretical concerns about existing household decision models, is introduced and applied to the household shared parking participation decision. Specifically, leadership personality, which has been extensively studied in other research realms but has been neglected in models of household decision making, is used, together with individual and household characteristics, to specify the decision weight of each spouse of a couple. A choice experiment, in which individual members of couples first answer the choice questions separately and individually, and then complete the choice questions jointly, is designed to estimate the model. Estimation results, based on data collected in Qingdao, China support the formulated model, incorporating preferences of husbands and wives, their relative decision weight, equity seeking behavior and intra-household interactions. Results show that intrahousehold interactions influence the households’ shared parking engagement decision and that households favor alternatives that provide a more equal utility across the involved household members. Age, leadership personality, household structure, and household financial management are significantly related with household member decision weights.