Paid parking is the recommended policy tool by economists to deal with excess demand for street parking. However, we … residents have political power and usually vote against paid parking when it is detrimental to residents. Hence, in our analysis …, we take into account that residents receive residential parking permits which provides political support for paid parking …

This paper analyzes the provision of residential parking in a monocentric city, with the ultimate goal of appraising … the desirability and effects of regulations such as a minimum-parking requirement (MPR) per dwelling. The analysis … considers three different regimes for provision of parking space: surface parking, underground parking, and structural parking …

We develop a positive theory of pricing car access (by parking fees or cordon tolls) to downtown commercial districts … lobbying contribution schedules than superstores, which induces the government to underprice central roads and parking spaces … higher or lower parking fees, depending on their relative concern for the vitality of the central district. As a consequence …

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 …

We examine the effect of citywide parking policy on parking and traffic demand. Using a large increase in on …-street parking prices for the city of Amsterdam, we show that the policy caused a substantial drop in on-street parking demand, which … is not offset by an increase in off-street demand. The overall reduction in parking demand implies a 2% - 3% reduction in …

transport and biking. Special attention is paid to parking problems, and possibilities to cope with these by pricing measures …. It is demonstrated that in some cases parking externalities lead to non-convexities that make pricing policies less … attractive. In that case parking restrictions are called for. A general shift is observed from national to municipality policy …

, as road pricing often has high infrastructural costs and faces public opposition. This paper explores the role of parking … taxation in reducing congestion by considering a natural experiment created by the progressive January 1, 2012 Chicago parking … parking tax increase led to a 4-6 percent reduction in total vehicle trips in high-income areas, with the largest response …

Existing work emphasizes the importance of traffic congestion externalities, but typically ignores cruising-for-parking … externalities. We introduce a novel methodology to estimate the marginal external cruising costs of parking. The level of cruising … is identified by examining to what extent the car inflow rate into the parking location falls with parking occupancy …