Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/120655 
Year of Publication: 
2012
Series/Report no.: 
52nd Congress of the European Regional Science Association: "Regions in Motion - Breaking the Path", 21-25 August 2012, Bratislava, Slovakia
Publisher: 
European Regional Science Association (ERSA), Louvain-la-Neuve
Abstract: 
Through an extended numerical example, this paper develops a diagrammatic analysis of steady-state parking and traffic congestion in an isotropic downtown and provides systematic policy analysis. Unlike our previous work, the model incorporates 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 transient dynamics and stability of various downtown traffic equilibria.
Subjects: 
cruising for parking
curbside parking
parking garages
parking policy
traffic congestion
JEL: 
D04
L91
R41
R48
Document Type: 
Conference Paper

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