For many years, Donald Shoup has been advocating cashing out free and underpriced curbside parking. How should this be … implemented in practice, taking into account the stochasticity of curbside parking vacancies? Shoup has proposed setting … neighborhood/period of the day-specific meter rates such that a common target (average) curbside parking occupancy rate is achieved …

This paper presents a downtown parking model that integrates traffic congestion and saturated on-street parking. We … assume that the stock of cars cruising for parking adds to traffic congestion. Two major results come out from the model, one … of which is robust. The robust one is that, whether or not the amount of on-street parking is optimal, it is efficient to …

In downtown areas, what proportion of curbside should be allocated to parking? In contrast to most previous work on the … economics of parking, this paper focuses on optimal curbside parking capacity in both first-best (where pricing is efficient … parking, and then the situation where there may be both curbside and private garage parking. For each situation, it examines …

In downtown areas, what proportion of curbside should be allocated to parking? In contrast to most previous work on the … economics of parking, this paper focuses on optimal curbside parking capacity in both first-best (where pricing is efficient … parking, and then the situation where there may be both curbside and private garage parking. For each situation, it examines …