The dynamics of urban traffic congestion and the price of parking

Mogens Fosgerau and André de Palma ()

Working Papers from HAL

Abstract: We consider commuting in a congested urban area. While an efficient time-varying toll may eliminate queuing, a toll may not be politically feasible. We study the benefit of a substitute: a parking fee at the workplace. An optimal time-varying parking fee is charged at zero rate when there is queuing and eliminates queuing when the rate is non-zero. Within certain limits, inability to charge some drivers for parking does not reduce the potential welfare gain. Drivers who cannot be charged travel when there is queuing. In some cases, interaction between morning and evening commutes can be exploited to remove queuing completely.

Keywords: parking; dynamic; congestion; urban; traffic (search for similar items in EconPapers)
Date: 2012-09-19
New Economics Papers: this item is included in nep-tre and nep-ure
Note: View the original document on HAL open archive server: https://hal.science/hal-00742104v1
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://hal.science/hal-00742104v1/document (application/pdf)

Related works:
Journal Article: The dynamics of urban traffic congestion and the price of parking (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-00742104

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().