People cruising the streets for parking meters do so because meter pricing is too low. "Underpriced curb spaces are like rent-controlled apartments: hard to find and, once you do, crazy to give up. This increases the time costs (and therefore the congestion and pollution costs) of cruising."
This entry was published on April 02, 2007 at 09:46 am.
Tags for this entry: parking automobiles economics
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