Taking time-varying parking demands and supplies into account, this paper develops a dynamic parking choice model to simulate drivers’ searching for parking spaces between parking lots. In this study, each parking lot has one access passage and vehicles can move or wait for entering the park in the access passage. The flow propagation formula in the access passage of parking lots is established to obtain the number of vehicles entering the parking lot from the access passage within each time interval. This paper brings forward the instantaneous dynamic user-optimal condition of dynamic parking choice, constructs an equivalent variational inequality (VI) model and develops a diagonalization algorithm to solve the model. A numerical example demonstrates the rate of in-flow, the rate of out-flow, link flow, instantaneous travel time on each link or access passage of the parking lot, and the amount and routes of cruising traffic at each time point.
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