Posts Tagged ‘“The High Cost of Free Parking”’

  • The Market System: Parking Ideas

    Dec 27, 12 • 117 Views • Behavioral Economics, Businesses, Demand, Supply, and Markets, Households, Innovation, Macroeconomic Measurement, Regulation, Thinking EconomicallyNo Comments

    Sort of like lunch, there is no such thing as a free parking space. It costs us dollars or time. Hoping to optimize so valuable a commodity, some cities are installing parking devices that use demand and supply to price spots. The approach resembles a...