Including congestion, wasted gas, time and emissions, cheap parking creates negative externalities that variable pricing of parking spaces can eliminate.
NYC has lots of cheap parking spaces. The result? I (and many like me) have circled blocks, added to greenhouse gases, used precious hours and exacerbated congestion, all to find an empty muni-meter or free spot. As UCLA Professor Donald Shoup has said through…
If you’ve shoveled your car out of a snow mound, is that parking space yours? Called “winter dibs” in Boston and Chicago, the answer is, “yes.” You just leave a chair, a pot or some item to reserve the space…
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