Abuse of disabled parking placards helps explain why occupancy does not reliably respond to price changes. Because California allows all cars with disabled placards to park free for an unlimited time at parking meters, higher prices for curb parking increase the temptation to misuse disabled placards to save money. Higher prices at meters may therefore drive out paying parkers and make more spaces available for placard abusers. If so, disabled placard abuse will reduce the price elasticity of demand for curb parking. Placard abuse is already rampant in California. A survey of several blocks in downtown Los Angeles in 2010, for example, found that cars with disabled placards occupied most of the curb spaces most of the time. For five hours of the day, cars with placards occupied all the spaces on one block. The meter rate was $4 an hour, but the meters earned an average of only 28 cents an hour because cars with placards consumed 80 percent of the meter time. SFpark: Pricing Parking by Demand by Gregory Pierce and Donald Shoup uctc.net/access/43/access43_sf_park.shtml
Posted on: Sat, 28 Jun 2014 22:57:56 +0000
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