Parking: Unwanted Insights from Economics

9 Pages Posted: 8 May 2008

See all articles by Klaus Reiner Schenk-Hoppé

Klaus Reiner Schenk-Hoppé

University of Manchester - Department of Economics; Norwegian School of Economics (NHH) - Department of Finance

Date Written: January 1, 2008

Abstract

How to fix the parking problem at the University of Leeds is the subject of a heated debate fought for many years (and possibly for many years to come). This short note offers economic insights into this problem as well as suggestions for its solution. At the heart of this approach are (a) a market mechanism and (b) the distribution of the accrued profit to all members of staff. In line with the university's green policy, avoiding usage of cars is rewarded.

Keywords: Parking

JEL Classification: A11, D43

Suggested Citation

Schenk-Hoppé, Klaus Reiner, Parking: Unwanted Insights from Economics (January 1, 2008). Available at SSRN: https://ssrn.com/abstract=1130220 or http://dx.doi.org/10.2139/ssrn.1130220

Klaus Reiner Schenk-Hoppé (Contact Author)

University of Manchester - Department of Economics ( email )

Arthur Lewis Building
Oxford Road
Manchester, M13 9PL
United Kingdom

Norwegian School of Economics (NHH) - Department of Finance ( email )

Helleveien 30
N-5045 Bergen
Norway

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