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The Politics and Economics of Parking on Campus

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  • Shoup, Donald

Abstract

Universities have tried almost every possible way to deal with the shortage of campus parking: lotteries, hunting licenses, first-come-first-served, waiting lists, seniority, and need-based systems. As another way to eliminate parking shortages, this paper proposes using the Goldilocks Principle of parking prices to balance supply and demand: the price at any location is too high if many spaces are vacant, and too low if no spaces are vacant. When a few vacant spaces are available everywhere, the prices are just right and drivers can always find a place to park. The chapter concludes by proposing a pilot program to test drivers’ responses to performance prices for campus parking.

Suggested Citation

  • Shoup, Donald, 2011. "The Politics and Economics of Parking on Campus," University of California Transportation Center, Working Papers qt2zk4v5k3, University of California Transportation Center.
    • Handle: RePEc:cdl:uctcwp:qt2zk4v5k3
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    Social and Behavioral Sciences;

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