Feldman, Pnina; Li, Jun; Tsai, Hsin-Tien - 2020
parking spaces. At the same time, complex policies make it harder for consumers to make search-based decisions. We investigate … estimate consumers' search costs, distance disutilities, price sensitivities, and trip valuations. Result: We find that … consumers to make search-based decisions. We find that a simpler pricing policy may yield higher welfare than a complex one …