Through an extended numerical example, this paper develops a diagrammatic analysis of steady-state parking and traffic congestion in an isotropic downtown. The model incorporates curbside parking, garage parking, and price-sensitive travel demand in a unified setting, and provides systematic...

This paper investigates the economics of curbside parking time limits. It argues that curbside parking time limits provide a way to subsidize short-term parking without generating cruising for parking. The paper develops the argument in the context of the integrated model of downtown...

This paper investigates the economics of curbside parking time limits. It argues that curbside parking time limits provide a way to subsidize short-term parking without generating cruising for parking. The paper develops the argument in the context of the integrated model of downtown parking and...

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...

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...

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)...

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...

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...