Evaluation of Residential Parking Spots Sharing Effects Based on Practical Experience
Table 4
Effects of observed variables on rental effects.
Observed variables
Individual benefits
Society benefits
Spots’ physical characteristics
Visibility
0.33
0.40
Construction type
0.37
0.44
Ease of parking
0.06
0.11
Distance to Office Building B
−0.26
−0.24
Distance to Residential Building A
0.16
0.26
Owners’ sharing willingness
Total sharing time
0.70
0.46
Total sharing time in the daytime
0.72
0.43
Total sharing time on workdays
0.68
0.44
Total sharing time in the daytime on workdays
0.69
0.45
Total sharing time in peak hour on workdays
0.72
0.47
Total sharing days
0.69
0.45
Total sharing times
0.73
0.47
Owners’ sharing preferences
Average sharing time per day
0.09
0.12
Average sharing time per time
0.09
0.12
Percentage of sharing records of more than 8 hours on workdays
0.12
0.16
Note: spots’ physical characteristics adopt equation (1) of the formative model, such as −0.70 ∗ (−0.25 + (−0.33 ∗ 0.60) + (−0.33 ∗ 0.70 ∗ 0.09) ≈ 0.33 for visibility in the individual model; owners’ sharing willingness and preferences adopt equation (2) of the reflective model, such as (0.60 + 0.70 ∗ 0.09)/0.94 ≈ 0.70 for total sharing time in the individual model.