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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 …
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-state hypercongested equilibrium can be stable. For a particular structural model of downtown traffic flow and parking, this paper … congestion ; cruising for parking ; on-street parking ; hypercongestion …
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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 …
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Through an extended numerical example, this paper develops a diagrammatic analysis of steady-state parking and traffic … curbside parking, garage parking, and price-sensitive travel demand in a unified setting. We examine the deadweight loss … associated with underpriced curbside parking, as well as first- and second-best curbside parking capacities. We also explore the …
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