What Would Coase Do? (About Parking Regulation)
27 Pages Posted: 30 Jun 2010
Date Written: June 30, 2010
Like many government regulations, municipal minimum parking requirements exist to prevent externalities - most notably the congestion, pollution and greenhouse gas emissions that occur when motorists drive around a city searching for scarce parking. But because such regulations make parking (and thus driving) cheaper, such regulations may in fact increase congestion and pollution, thus creating, rather than reducing, externalities.
Suggested Citation: Suggested Citation
Lewyn, Michael, What Would Coase Do? (About Parking Regulation) (June 30, 2010). Available at SSRN: https://ssrn.com/abstract=1632935 or http://dx.doi.org/10.2139/ssrn.1632935
Do you have a job opening that you would like to promote on SSRN?
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.