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What Would Coase Do? (About Parking Regulation)

27 Pages Posted: 30 Jun 2010  

Michael Lewyn

Touro College - Jacob D. Fuchsberg Law Center

Date Written: June 30, 2010

Abstract

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

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

Michael Lewyn (Contact Author)

Touro College - Jacob D. Fuchsberg Law Center ( email )

225 Eastview Drive
Central Islip, NY 11722
United States

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