Parking on University Campus: How to Avoid the Tragedy of Commons?

Abstract:

In order to thoroughly explore the causes of tragedies about Chinese university campus motor vehicle parking, the paper, viewing from the campus motor vehicle drivers’ perspective, adopts the game theory to study the process of the campus drivers’ interaction when parking. It is discovered that a trust game is established between the motor vehicle drivers, who frequently using parking as a Pareto inferior solutions, thus generating coordination failure. All motor vehicle drivers tend to overuse the campus parking, leading to the campus parking commons tragedy. In the conclusion section, solutions are given to solve the university campus parking problems.

• Periodical: Applied Mechanics and Materials (Volumes 587-589)
• Pages: 1826-1829
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.587-589.1826
• Online since: July 2014
• Authors: Zai Tao Wang, Xiu Juan Wang*
• Keywords: Game Theory, Parking on University Campus, Profit-Dominant Equilibrium, Risk-Dominant Equilibrium, Tragedy of Commons

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