4 ms·
This paper is old news in the municipal and university parking circles. Most of the ideas in it have already successfully been applied in most medium to large m
by pionar 12y ago
This paper is old news in the municipal and university parking circles. Most of the ideas in it have already successfully been applied in most medium to large municipalities and almost no university over 5,000 students offers free parking anymore.
Parking is one of the largest sources of revenue for universities, and is a substantial source for municipalities as well. A well researched, well-priced parking plan encourages reasonable use of parking and can actually lower costs for parkers (the parking industry's analog to users).
- dalke 12y ago17 year old papers which were influential in their field do tend to be 'old news'. I'm sure that Einstein's paper on Brownian motion is the same. ;)
- EddieRingle 12y agoI don't object to paying for parking, but universities can make the arrangements a little more flexible. For example, my apartment is down by Wayne State and there are two WSU parking lots adjacent it to it (one literally beside my building and the other across the street). Buying a pass with WSU would allow me to park overnight in the close-ish parking structure on the other side of Cass but not access it at night/weekends, or park in the structure on the other side of campus and have access at night and on weekends. Nothing was said about the lots adjacent to my building, but last I checked they weren't available at night either. I think that's pretty silly, since the only thing keeping me (or someone else) from my car if I park in a WSU structure/lot is a simple programmable barrier gate. Since I'm not a student at WSU (I room with two students however), I'd have to pay $415 to park during the Winter 2015 semester. Contrast this to the gas station on the other side of Woodward, which is always open and offers parking for $65/month (recently increased from $50/month). If it was still $50/month I'd never consider switching over to WSU, but if WSU would allow me to access my car whenever, I'd pay the tiny increase in price it would cost to switch.
- pionar 12y ago> the only thing keeping me (or someone else) from my car if I park in a WSU structure/lot is a simple programmable barrier gate. Those gates aren't as simple as you think :)
- jparker165 12y agoThe paper is only indirectly about parking spot monetization. Dr. Shoup's bigger concerns (as I understood them as a student in his undergrad class at UCLA in 2005) were: (1) optimizing for availability: price high enough that some spots are always available, (2) real-time pricing: based on demand throughout the day/week/year, and (3) avoiding externalities from subsidy or under-pricing: make parking as hard/expensive as it should be and other transportation modes seem a lot better by comparison