Parking is an issue that is increasingly calling for attention in policy making and in scientific research. The main reason for this is the existence of parking externalities, mainly in urban areas. One can think, for instance, of the time that is spent on searching for a parking space, especially in cities and during the weekend. There are various market imperfections in the market for parking, such as congestion costs and information problems, leading to substantial inefficiencies in parking behaviour (that is, search and waiting costs). Many local authorities have therefore introduced parking tariffs or put restrictions on parking duration and supply in order to internalize some of the externalities.
|Title of host publication||Network Strategies in Europe|
|Subtitle of host publication||Developing the Future for Transport and ICT|
|Publisher||Taylor and Francis Inc.|
|Number of pages||20|
|Publication status||Published - 1 Jan 2016|
Bibliographical notePublisher Copyright:
© Maria Giaoutzi and Peter Nijkamp 2008.
Copyright 2021 Elsevier B.V., All rights reserved.