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Downtown Parking and Traffic Congestion: A Diagrammatic Exposition

  • Arnott, Richard
  • Inci, Eren
  • Rowse, John

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 policy analysis. In particular, we examine the deadweight loss associated with underpriced curbside parking, as well as first- and second-best curbside parking capacities. We also explore the transient dynamics and stability of various downtown traffic equilibria.

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Paper provided by University of California Transportation Center in its series University of California Transportation Center, Working Papers with number qt4sb0975r.

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Date of creation: 07 Sep 2011
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Handle: RePEc:cdl:uctcwp:qt4sb0975r
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  1. Richard Arnott & Eren Inci, 2005. "An Integrated Model of Downtown Parking and Traffic Congestion," Boston College Working Papers in Economics 608, Boston College Department of Economics.
  2. Arnott, Richard & Rowse, John, 1999. "Modeling Parking," Journal of Urban Economics, Elsevier, vol. 45(1), pages 97-124, January.
  3. Hasker, Kevin & Inci, Eren, 2012. "Free Parking for All in Shopping Malls," MPRA Paper 35978, University Library of Munich, Germany.
  4. Shoup, Donald C., 2006. "Cruising for Parking," University of California Transportation Center, Working Papers qt55s7079f, University of California Transportation Center.
  5. Arnott, Richard & Rowse, John, 2011. "Curbside Parking Time Limits," University of California Transportation Center, Working Papers qt3627c218, University of California Transportation Center.
  6. Arnott, Richard & Rowse, John, 2009. "Downtown parking in auto city," Regional Science and Urban Economics, Elsevier, vol. 39(1), pages 1-14, January.
  7. Shoup, Donald C., 2006. "Cruising for parking," Transport Policy, Elsevier, vol. 13(6), pages 479-486, November.
  8. Richard J. Arnott & Eren Inci, 2009. "The Stability of Downtown Parking and Traffic Congestion," CESifo Working Paper Series 2525, CESifo Group Munich.
  9. van Ommeren, Jos & Wentink, Derk & Dekkers, Jasper, 2011. "The real price of parking policy," Journal of Urban Economics, Elsevier, vol. 70(1), pages 25-31, July.
  10. Richard Arnott & Tilmann Rave & Ronnie Schöb, 2005. "Alleviating Urban Traffic Congestion," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262012197, June.
  11. Daganzo, Carlos F. & Gayah, Vikash V. & Gonzales, Eric J., 2011. "Macroscopic relations of urban traffic variables: Bifurcations, multivaluedness and instability," Transportation Research Part B: Methodological, Elsevier, vol. 45(1), pages 278-288, January.
  12. repec:ucp:bkecon:9781884829987 is not listed on IDEAS
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