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The purpose of this paper is to find a real-time parking location for a four-wheeler.

Real-time parking availability using specific infrastructure requires a high cost of installation and maintenance cost, which is not affordable to all urban cities. The authors present statistical block matching algorithm (SBMA) for real-time parking management in small-town cities such as Bhavnagar using an in-built surveillance CCTV system, which is not installed for parking application. In particular, data from a camera situated in a mall was used to detect the parking status of some specific parking places using a region of interest (ROI). The method proposed computes the mean value of the pixels inside the ROI using blocks of different sizes (8 × 10 and 20 × 35), and the values were compared among different frames. When the difference between frames is more significant than a threshold, the process generates “no parking space for that place.” Otherwise, the method yields “parking place available.” Then, this information is used to print a bounding box on the parking places with the color green/red to show the availability of the parking place.

The real-time feedback loop (car parking positions) helps the presented model and dynamically refines the parking strategy and parking position to the users. A whole-day experiment/validation is shown in this paper, where the evaluation of the method is performed using pattern recognition metrics for classification: precision, recall and F1 score.

The authors found real-time parking availability for Himalaya Mall situated in Bhavnagar, Gujarat, for 18th June 2018 video using the SBMA method with accountable computational time for finding parking slots. The limitations of the presented method with future implementation are discussed at the end of this paper.

There has been an increasing interest amongst the researchers to work and explore, “Black Swan” events which are not well studied. However, the “Black Swan” events hold an eminent relevance amongst academicians and practitioners. The present study offers nuanced understanding of “Black Swan” events.

We undertook an extensive bibliometric analysis of the extant literature using “Black Swan” as guiding keyword with the help of SCOPUS database.

The search for articles only yielded 59 articles. Our analyses highlight the prominent works, authors and journals. Further, this study reveal the research gaps that may help guide future scholars interested in “Black Swan” events to examine in different context.

The current study develops a research agenda and offers numerous research directions. Research on “Black Swan” events can be apprehended at three different stages – pre-black swan event, about black swan event and post-black swan event with identified sub-themes.

This paper is the pioneer research work to dedicatedly analyse the existing set of literature with “Black Swan”.