On Friday 15 February 2002 23:55, you wrote: > --- "Gustavo Lacerda (mediaone)" <[EMAIL PROTECTED]> wrote: > > What if cities decided to privatize on-street parking spaces? > > > > I imagine that this could be a market failure in mixed > > residential-commercial neighbourhoods. The reasoning is that most cars > > spend the night at residences and the day at business locations. > > The market solution would be electronic parking meters that flexibly charge > just enough to avoid congestion at any time of day or night. >
Are you suggesting a system that is sensitive to the market conditions at the exact moment in time (i.e. dynamically priced) ? This is the kind of solution I was looking for, but such a system would be hard to implement. Can you think of an existing analogous system in a similar market? Would there be a bound to the charge per time? The parking spaces would be more attractive if they offered some sort of guarantee. Gustavo
