Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/69535 
Year of Publication: 
2013
Series/Report no.: 
CESifo Working Paper No. 4085
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
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) and second-best (where pricing is inefficient) environments. It first considers the situation where there is only curbside parking, and then the situation where there may be both curbside and private garage parking. For each situation, it examines the short run in which curbside parking capacity is fixed and the long run in which it is a policy variable.
Subjects: 
cruising for parking
curbside parking
curbside parking capacity
garage parking
traffic congestion
JEL: 
D04
L91
R41
R48
Document Type: 
Working Paper
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