Research Article

Modelling the Effects of Parking Charge and Supply Policy Using System Dynamics Method

Table 1

Travel cost of all types of travel mode.

Travel modeTravel cost (dollars)

CarOff-peak:
Peak:
Fuel cost + parking cost + travel time cost + reliability cost + parking search time cost

BusOff-peak:
Peak:
Bus fare + travel time cost + walking cost + waiting time cost + comfort cost + reliability cost

Taxi
Taxi fare + travel time cost + waiting time cost + reliability cost