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Current debates on downtown parking policy have been concentrating on downtown parking pricing, while overlooking downtown parking capacity. This paper focuses on how much curbside to allocate to parking when the private sector provides garage parking. In the first-best optimum, no cruising for...
Persistent link: https://www.econbiz.de/10011209629
Previous work in the economic theory of parking has treated parkers as homogeneous. In almost all policy contexts, however, heterogeneity among individuals matters not only quantitatively but also qualitatively. For example, providing both tolled and untolled alternatives allows those with high...
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Arnott and Inci [Arnott, R. and Inci, E., 2006. An integrated model of downtown parking and traffic congestion. Journal of Urban Economics 60, 418-442] developed an integrated model of curbside parking and traffic congestion in a downtown area. Curbside parking is exogenously priced below its...
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Exports of Canadian natural gas hasten the day when Canadians must pay higher gas prices. Hence the desirability of exporting natural gas is strongly affected by current and future supply costs. In this paper I analyze the interaction of Canadian gas exports, domestic gas prices, and future gas...
Persistent link: https://www.econbiz.de/10004984046
Recent work on time discounting involves hyperbolic discounting, in which the marginal discount rate shrinks over time. This work examines hyperbolic discounting and energy resource allocation utilizing a complex dynamic optimization model of natural gas allocation for British Columbia, Canada....
Persistent link: https://www.econbiz.de/10004986898