PARKING PATTERNS AND PRICES IN THE CBD

This paper shows how the flow of automobile traffic from residential areas is allocated among downtown parking facilities by a pattern of prices that acts to minimize the total driving and subsequent walking costs for the drivers as a group. These prices also provide the maximum revenue that can be collected each parking facility when competing freely. A set of data from a central business district with more than 10,000 parking spaces demonstrates the validity of the analysis and shows that the parking patterns and prices can be determined inexpensively by computer. The model should be useful to traffic engineers and urban planners in their design of more efficient urban transportation systems.

Media Info

  • Media Type: Print
  • Features: Figures; References; Tables;
  • Pagination: pp 44-54
  • Monograph Title: Traffic operations
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00083970
  • Record Type: Publication
  • ISBN: 0309023580
  • Files: TRIS, TRB
  • Created Date: Apr 8 1982 12:00AM