Case analysis of simultaneous concessions of parking meters and underground parking facilities

Felix Caicedo and Alejandra Diaz

Transportation Research Part A: Policy and Practice, 2013, vol. 49, issue C, 358-378

Abstract: The ongoing discussions of a city, where potential bidders for the concessions of on-street and off-street parking questioned separate bids procedures recalled our attention; in addition, willing to satisfy public demands the municipality planed to keep free spaces in the same area. In this article we assess the impact of joint concessions of parking meters and underground parking facilities, firstly by considering a radial pattern around the location of the underground facility, and secondly by proposing GA which analyzes different patterns. The results corroborate that providing free parking generates excess demand and high cruising for parking. Furthermore, they support joint provision of above ground and underground parking concessions because otherwise there can be too high level of competition in a small area, which may erode potential bidders incentives -specially when local authorities expect that the concession rights be reinvested into social needs.

Keywords: Parking; Parking meters; Concessions; Location problem; Local authority; Developing countries (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0965856413000451
Full text for ScienceDirect subscribers only

Related works:
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:eee:transa:v:49:y:2013:i:c:p:358-378

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01

DOI: 10.1016/j.tra.2013.01.038

Access Statistics for this article

Transportation Research Part A: Policy and Practice is currently edited by John (J.M.) Rose

More articles in Transportation Research Part A: Policy and Practice from Elsevier
Bibliographic data for series maintained by Catherine Liu ().