IDEAS home Printed from https://ideas.repec.org/a/eee/transa/v55y2013icp89-110.html
   My bibliography  Save this article

Curbside parking time limits

Author

Listed:
  • Arnott, Richard
  • Rowse, John

Abstract

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 values of time to pay largely with money and those with low values of time to pay only with time. This paper extends the authors’ (2009) integrated model of parking and traffic congestion in an isotropic downtown in steady state to treat heterogeneity in the value of time and parking duration. It develops the theory, and then presents an extended numerical example that applies the theory to several policy scenarios. With homogeneous individuals, underpricing curbside parking leads to wasteful cruising for parking. With heterogeneous individuals, however, curbside time limits can be used to ration out those with longer parking durations, so that cruising for parking is eliminated. With curbside parking time limits, underpricing curbside parking downtown may be a sound policy response to the free parking provided by suburban shopping centers.

Suggested Citation

  • Arnott, Richard & Rowse, John, 2013. "Curbside parking time limits," Transportation Research Part A: Policy and Practice, Elsevier, vol. 55(C), pages 89-110.
  • Handle: RePEc:eee:transa:v:55:y:2013:i:c:p:89-110
    DOI: 10.1016/j.tra.2013.07.009
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0965856413001316
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Shoup, Donald C., 2006. "Cruising for parking," Transport Policy, Elsevier, vol. 13(6), pages 479-486, November.
    2. Kobus, Martijn B.W. & Gutiérrez-i-Puigarnau, Eva & Rietveld, Piet & Van Ommeren, Jos N., 2013. "The on-street parking premium and car drivers' choice between street and garage parking," Regional Science and Urban Economics, Elsevier, vol. 43(2), pages 395-403.
    3. Small, Kenneth A. & Yan, Jia, 2001. "The Value of "Value Pricing" of Roads: Second-Best Pricing and Product Differentiation," Journal of Urban Economics, Elsevier, vol. 49(2), pages 310-336, March.
    4. Arnott, Richard & Inci, Eren, 2006. "An integrated model of downtown parking and traffic congestion," Journal of Urban Economics, Elsevier, vol. 60(3), pages 418-442, November.
    5. Anderson, Simon P. & de Palma, Andre, 2004. "The economics of pricing parking," Journal of Urban Economics, Elsevier, vol. 55(1), pages 1-20, January.
    6. Shoup, Donald C., 1999. "The trouble with minimum parking requirements," Transportation Research Part A: Policy and Practice, Elsevier, vol. 33(7-8), pages 549-574.
    7. Geroliminis, Nikolas & Daganzo, Carlos F., 2008. "Existence of urban-scale macroscopic fundamental diagrams: Some experimental findings," Transportation Research Part B: Methodological, Elsevier, vol. 42(9), pages 759-770, November.
    8. Hensher, David A. & King, Jenny, 2001. "Parking demand and responsiveness to supply, pricing and location in the Sydney central business district," Transportation Research Part A: Policy and Practice, Elsevier, vol. 35(3), pages 177-196, March.
    9. Cutter, W. Bowman & Franco, Sofia F., 2012. "Do parking requirements significantly increase the area dedicated to parking? A test of the effect of parking requirements values in Los Angeles County," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(6), pages 901-925.
    10. Arnott, Richard & Inci, Eren & Rowse, John, 2015. "Downtown curbside parking capacity," Journal of Urban Economics, Elsevier, vol. 86(C), pages 83-97.
    11. Kenneth A. Small & Clifford Winston & Jia Yan, 2005. "Uncovering the Distribution of Motorists' Preferences for Travel Time and Reliability," Econometrica, Econometric Society, vol. 73(4), pages 1367-1382, July.
    12. Franco, Sofia & Cutter, Bowman & DeWoody, Autumn, 2010. "Do Parking Requirements Significantly Increase The Area Dedicated To Parking? A Test Of The Effect Of Parking Requirements Values In Los Angeles County," MPRA Paper 20403, University Library of Munich, Germany.
    13. Vickrey, William S, 1969. "Congestion Theory and Transport Investment," American Economic Review, American Economic Association, vol. 59(2), pages 251-260, May.
    14. Richard Arnott & Tilmann Rave & Ronnie Schöb, 2005. "Alleviating Urban Traffic Congestion," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262012197.
    15. Tam, M. L. & Lam, William H. K., 2000. "Maximum car ownership under constraints of road capacity and parking space," Transportation Research Part A: Policy and Practice, Elsevier, vol. 34(3), pages 145-170, April.
    16. Ibeas, Ángel & Cordera, Ruben & dell'Olio, Luigi & Moura, Jose Luis, 2011. "Modelling demand in restricted parking zones," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(6), pages 485-498, July.
    17. Tsai, Jyh-Fa & Chu, Chih-Peng, 2006. "Economic analysis of collecting parking fees by a private firm," Transportation Research Part A: Policy and Practice, Elsevier, vol. 40(8), pages 690-697, October.
    18. Arnott, Richard & Rowse, John, 2009. "Downtown parking in auto city," Regional Science and Urban Economics, Elsevier, vol. 39(1), pages 1-14, January.
    19. Anderson, Christopher M. & Das, Chhandita & Tyrrell, Timothy J., 2006. "Parking preferences among tourists in Newport, Rhode Island," Transportation Research Part A: Policy and Practice, Elsevier, vol. 40(4), pages 334-353, May.
    20. Glazer, Amihai & Niskanen, Esko, 1992. "Parking fees and congestion," Regional Science and Urban Economics, Elsevier, vol. 22(1), pages 123-132, March.
    21. Verhoef, Erik & Nijkamp, Peter & Rietveld, Piet, 1996. "Second-Best Congestion Pricing: The Case of an Untolled Alternative," Journal of Urban Economics, Elsevier, vol. 40(3), pages 279-302, November.
    22. Verhoef, Erik & Nijkamp, Peter & Rietveld, Piet, 1995. "The economics of regulatory parking policies: The (IM)possibilities of parking policies in traffic regulation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 29(2), pages 141-156, March.
    23. Shoup, Donald C., 2006. "Cruising for Parking," University of California Transportation Center, Working Papers qt55s7079f, University of California Transportation Center.
    24. Qian, Zhen (Sean) & Xiao, Feng (Evan) & Zhang, H.M., 2011. "The economics of parking provision for the morning commute," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(9), pages 861-879, November.
    25. Thompson, Russell G. & Richardson, Anthony J., 1998. "A Parking Search Model," Transportation Research Part A: Policy and Practice, Elsevier, vol. 32(3), pages 159-170, April.
    26. repec:ucp:bkecon:9781884829987 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kevin Hasker & Eren Inci, 2014. "Free Parking For All In Shopping Malls," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 55, pages 1281-1304, November.
    2. Eren Inci & Jos van Ommeren & Martijn Kobus, 2017. "The external cruising costs of parking," Journal of Economic Geography, Oxford University Press, vol. 17(6), pages 1301-1323.
    3. Nourinejad, Mehdi & Roorda, Matthew J., 2017. "Impact of hourly parking pricing on travel demand," Transportation Research Part A: Policy and Practice, Elsevier, vol. 98(C), pages 28-45.
    4. Arnott, Richard, 2014. "On the optimal target curbside parking occupancy rate," Economics of Transportation, Elsevier, vol. 3(2), pages 133-144.
    5. van Ommeren, Jos & de Groote, Jesper & Mingardo, Giuliano, 2014. "Residential parking permits and parking supply," Regional Science and Urban Economics, Elsevier, vol. 45(C), pages 33-44.
    6. Inci, Eren & Lindsey, Robin, 2015. "Garage and curbside parking competition with search congestion," Regional Science and Urban Economics, Elsevier, vol. 54(C), pages 49-59.
    7. Arnott, Richard & Inci, Eren & Rowse, John, 2015. "Downtown curbside parking capacity," Journal of Urban Economics, Elsevier, vol. 86(C), pages 83-97.
    8. Arnott, Richard & Williams, Parker, 2017. "Cruising for parking around a circle," Transportation Research Part B: Methodological, Elsevier, vol. 104(C), pages 357-375.
    9. Levy, Nadav & Render, Marc & Benenson, Itzhak, 2015. "Spatially explicit modeling of parking search as a tool for urban parking facilities and policy assessment," Transport Policy, Elsevier, vol. 39(C), pages 9-20.
    10. Cats, Oded & Zhang, Chen & Nissan, Albania, 2016. "Survey methodology for measuring parking occupancy: Impacts of an on-street parking pricing scheme in an urban center," Transport Policy, Elsevier, vol. 47(C), pages 55-63.
    11. repec:eee:transa:v:102:y:2017:i:c:p:51-67 is not listed on IDEAS
    12. Groote, Jesper De & Ommeren, Jos Van & Koster, Hans R.A., 2016. "Car ownership and residential parking subsidies: Evidence from Amsterdam," Economics of Transportation, Elsevier, vol. 6(C), pages 25-37.
    13. Arnott, Richard & Inci, Eren & Rowse, John, 2011. "Downtown Parking and Traffic Congestion: A Diagrammatic Exposition," University of California Transportation Center, Working Papers qt4sb0975r, University of California Transportation Center.
    14. Inci, Eren, 2015. "A review of the economics of parking," Economics of Transportation, Elsevier, vol. 4(1), pages 50-63.

    More about this item

    Keywords

    Parking; Curbside parking; Cruising for parking;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:transa:v:55:y:2013:i:c:p:89-110. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/547/description#description .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.