Smart Parking on Campus

Donald C Shoup

University of California Transportation Center, Working Papers from University of California Transportation Center

Abstract: Universities have tried almost every possible way of dealing 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 variable prices to balance supply and demand. We can call this the Goldilocks Principle of parking prices: 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 paper concludes by proposing a pilot program to test drivers’ responses to performance-based prices for campus parking.

Keywords: Social; and; Behavioral; Sciences (search for similar items in EconPapers)
Date: 2007-04-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.escholarship.org/uc/item/4m90635k.pdf;origin=repeccitec (application/pdf)

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:cdl:uctcwp:qt4m90635k

Access Statistics for this paper

More papers in University of California Transportation Center, Working Papers from University of California Transportation Center Contact information at EDIRC.
Bibliographic data for series maintained by Lisa Schiff ().