Please use this identifier to cite or link to this item:
van Nieuwkoop, Renger
Axhausen, Kay
Rutherford, Thomas F.
Year of Publication: 
Series/Report no.: 
Economics Working Paper Series 16/236
This paper describes a Wardropian traffic flow model integrated with a search model for paid parking. The occupancy rate influences the probability of finding on-street (curbside) or off-street (garage) parking spaces. We formulate the model as a mixed complementarity problem, which has the advantage that there is no need for a complete enumeration of all possible paths, and the model can be solved using readily available software. We analyze different parking policies in Zurich and find that changing the parking fee structure will lead to high efficiency gains. Incorporating household heterogeneity is not critical for the overall efficiency effects but shows important regressive, distributional effects.
parking modeling
traffic congestion
cruising for parking
on-street parking
mixed complementarity format
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.