Re: privatize parking spaces - market failure?

2002-02-21 Thread Jacob W Braestrup
Dear list, Why spend so much time discussing the 'optimal' parking meter strategy - let the market figure it out! What we need to do is to (re)privatize inner city streets (I don't know what the story is in the US, but here in Denmark, streets were actually once owned by the people who lived

Re: privatize parking spaces - market failure?

2002-02-20 Thread James Haney
Robin Hanson wrote: >Why not let those who want to trade parking futures? This is an interesting, clever suggestion, but it still strikes me as a bit Rube Goldberg-ish. I have a feeling that regardless of the state of current or future technology, a preannounced, fixed (but occasionally modifie

Re: privatize parking spaces - market failure?

2002-02-20 Thread Robin Hanson
At 05:14 PM 2/19/02 -0700, you wrote: >A fully floating tariff for parking meters that is entirely based on reducing >congestion may be "efficient", but it is a false efficiency. People want to >have a general idea when they get in their car to go somewhere as to how >much it >will cost to park.

Re: privatize parking spaces - market failure?

2002-02-20 Thread Fred Foldvary
--- "Gustavo Lacerda (mediaone)" <[EMAIL PROTECTED]> wrote: > What if you're parked at home, and there is an unexpected shortage of > spaces? If you are "at home" in your garage or driveway, there is no parking meter charge. But if you are in front of your home in a public street with meters, th

Re: privatize parking spaces - market failure?

2002-02-19 Thread James Haney
I've been sitting back on this, but now I have to enter the debate... A fully floating tariff for parking meters that is entirely based on reducing congestion may be "efficient", but it is a false efficiency. People want to have a general idea when they get in their car to go somewhere as to how

Re: privatize parking spaces - market failure?

2002-02-19 Thread Gustavo Lacerda \(mediaone\)
Maybe I didn't explain the problem well, or maybe I just misunderstood you. What if you're parked at home, and there is an unexpected shortage of spaces? If you're surprised by an $800 charge for an unusually tight night, you'll probably be upset and look for other parking solutions, thereby hurt

Re: privatize parking spaces - market failure?

2002-02-19 Thread Fred Foldvary
--- Gustavo Lacerda <[EMAIL PROTECTED]> wrote: > Are you suggesting a system that is sensitive to the market conditions at > the exact moment in time (i.e. dynamically priced)? Yes. > but such a system would be hard to implement. The technology already exists. > Can you > think of an existing

Re: privatize parking spaces - market failure?

2002-02-17 Thread fabio guillermo rojas
I understand that some toll roads charge more during rush hour. It's not as sensitive a mechanism as Fred suggested, but it's not bad. Fabio > 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

Re: privatize parking spaces - market failure?

2002-02-17 Thread Gustavo Lacerda
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 th

Re: privatize parking spaces - market failure?

2002-02-15 Thread Fred Foldvary
--- "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 d

Re: privatize parking spaces - market failure?

2002-02-15 Thread john hull
I can't comment on the market failure, but watching a morning parking-space auction might be fun. -jsh __ Do You Yahoo!? Got something to say? Say it better with Yahoo! Video Mail http://mail.yahoo.com

privatize parking spaces - market failure?

2002-02-15 Thread Gustavo Lacerda \(mediaone\)
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. Maybe it's the case that people who now live