Prospect Theory-Based Two-Sided Satisfied and Stable Matching Mechanism for the Shared Parking Slots Problem

The contradiction between the dramatic increase in the aggregate number of automobiles and the short supply of parking spaces leads to parking difficulties. Sharing mode helps improve the efficiency of existing parking spaces, increase resource utilization, and alleviate the difficulty of parking. T...

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Main Authors: Yun Xiao, Guangmin Wang, Meng Xu
Format: Article
Language:English
Published: Hindawi-Wiley 2022-01-01
Series:Journal of Advanced Transportation
Online Access:http://dx.doi.org/10.1155/2022/6739995
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author Yun Xiao
Guangmin Wang
Meng Xu
author_facet Yun Xiao
Guangmin Wang
Meng Xu
author_sort Yun Xiao
collection DOAJ
description The contradiction between the dramatic increase in the aggregate number of automobiles and the short supply of parking spaces leads to parking difficulties. Sharing mode helps improve the efficiency of existing parking spaces, increase resource utilization, and alleviate the difficulty of parking. This paper focuses on the matching mechanism in the shared parking slots problem, which involves three agents: shared parking suppliers, shared parking demanders, and shared parking platform. We propose a prospect theory-based two-sided satisfied and stable matching model (PT-TSSM) with two objectives to maximize the satisfaction degree of both shared parking demanders and shared parking suppliers. Numerical experiments are illustrated to demonstrate the efficiency of the proposed model. Moreover, the PT-TSSM model is compared with the other two shared parking mechanisms. The proposed model considers the satisfaction degrees of both shared parking demanders and suppliers, while first book first serve (FBFS) cares only one side of the participants. And compared with deferred acceptance (DA), our model not only takes two-sided stable matching into account but also considers the satisfaction degree of all the demand and supply participants, which obtain a two-sided satisfied and stable matching scheme.
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spelling doaj.art-bb947ba658f4496e84eb783eccaa40472024-11-02T05:27:53ZengHindawi-WileyJournal of Advanced Transportation2042-31952022-01-01202210.1155/2022/6739995Prospect Theory-Based Two-Sided Satisfied and Stable Matching Mechanism for the Shared Parking Slots ProblemYun Xiao0Guangmin Wang1Meng Xu2School of Economics and ManagementSchool of Economics and ManagementSchool of Systems ScienceThe contradiction between the dramatic increase in the aggregate number of automobiles and the short supply of parking spaces leads to parking difficulties. Sharing mode helps improve the efficiency of existing parking spaces, increase resource utilization, and alleviate the difficulty of parking. This paper focuses on the matching mechanism in the shared parking slots problem, which involves three agents: shared parking suppliers, shared parking demanders, and shared parking platform. We propose a prospect theory-based two-sided satisfied and stable matching model (PT-TSSM) with two objectives to maximize the satisfaction degree of both shared parking demanders and shared parking suppliers. Numerical experiments are illustrated to demonstrate the efficiency of the proposed model. Moreover, the PT-TSSM model is compared with the other two shared parking mechanisms. The proposed model considers the satisfaction degrees of both shared parking demanders and suppliers, while first book first serve (FBFS) cares only one side of the participants. And compared with deferred acceptance (DA), our model not only takes two-sided stable matching into account but also considers the satisfaction degree of all the demand and supply participants, which obtain a two-sided satisfied and stable matching scheme.http://dx.doi.org/10.1155/2022/6739995
spellingShingle Yun Xiao
Guangmin Wang
Meng Xu
Prospect Theory-Based Two-Sided Satisfied and Stable Matching Mechanism for the Shared Parking Slots Problem
Journal of Advanced Transportation
title Prospect Theory-Based Two-Sided Satisfied and Stable Matching Mechanism for the Shared Parking Slots Problem
title_full Prospect Theory-Based Two-Sided Satisfied and Stable Matching Mechanism for the Shared Parking Slots Problem
title_fullStr Prospect Theory-Based Two-Sided Satisfied and Stable Matching Mechanism for the Shared Parking Slots Problem
title_full_unstemmed Prospect Theory-Based Two-Sided Satisfied and Stable Matching Mechanism for the Shared Parking Slots Problem
title_short Prospect Theory-Based Two-Sided Satisfied and Stable Matching Mechanism for the Shared Parking Slots Problem
title_sort prospect theory based two sided satisfied and stable matching mechanism for the shared parking slots problem
url http://dx.doi.org/10.1155/2022/6739995
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AT guangminwang prospecttheorybasedtwosidedsatisfiedandstablematchingmechanismforthesharedparkingslotsproblem
AT mengxu prospecttheorybasedtwosidedsatisfiedandstablematchingmechanismforthesharedparkingslotsproblem