PARKING BIAS IN TRANSIT CHOICE

THE PRACTICE OF SUBSIDIZING THE PARKING OF EMPLOYEES' CARS PRODUCES AN UNDESIRABLE BIAS AGAINST PUBLIC TRANSPORT. AN EQUAL SUBSIDY SHOULD BE GIVEN TOWARDS TRANSIT FARES. TO ENSURE FULL BENEFIT FROM REDUCED CONGESTION, THIS SHOULD BE COMPULSORY WITHIN A GIVEN DISTRICT. EXPECTED RESULTS FOR LOS ANGELES, CALIFORNIA ARE PRESENTED. THE LIMITED DIVERSION FROM AUTO TO TRANSIT PROJECTED BY THE LOW ELASTICITY TRANSIT CRITICS, IS ACHIEVED WITHOUT THE ESTIMATED PUBLIC MONEY SUBSIDES: A LIMITED REDUCTION IS ATTAINED WITHIN DISTORTED PRICES OF AUTO AND TRANSIT, MAKING PRICE MORE NEARLY EQUAL TO MARGINAL COST. /AUTHOR/

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  • Corporate Authors:

    London School of Economics and Political Science

    Houghton Street, Aldwych
    London WC2A 2AE,   England 
  • Authors:
    • Segelhorst, E W
    • Kirkus, L D
  • Publication Date: 1973-1

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Filing Info

  • Accession Number: 00202345
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jul 17 1982 12:00AM