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The Allocation of the Commons: Parking on Public Roads

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  • Epstein, Richard A

Abstract

The allocation of parking spaces on public roads presents an ideal test of the formation and transformation of property rights in response to changes in technology and cost. This study looks at bottom-up regimes for parking, which are based on possession of particular spaces for limited periods of time, and top-down systems of allocation, such as metered parking and parking permits, which are based on such factors as place of residence or disability. In general, the bottom-up systems do better in an economic sense because they tend to reduce the dead time associated with these spaces. The system of incremental modification of parking places, however, is undermined by a political process that tends on balance to be more responsive to the interests of particular groups than to the overall carrying capacity of the commons. Copyright 2002 by the University of Chicago.

Suggested Citation

  • Epstein, Richard A, 2002. "The Allocation of the Commons: Parking on Public Roads," The Journal of Legal Studies, University of Chicago Press, vol. 31(2), pages 515-544, June.
    • Handle: RePEc:ucp:jlstud:v:31:y:2002:i:2:p:s515-44
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    Cited by:

    1. Guo, Zhan, 2013. "Does residential parking supply affect household car ownership? The case of New York City," Journal of Transport Geography, Elsevier, vol. 26(C), pages 18-28.
    2. Thumm, Alex Jürgen & Perl, Anthony, 2020. "Puzzling over parking: Assessing the transitional parking requirement in Vancouver, British Columbia," Transportation Research Part A: Policy and Practice, Elsevier, vol. 139(C), pages 85-101.
    3. Ana María Peredo & Helen M. Haugh & Marek Hudon & Camille Meyer, 2020. "Mapping Concepts and Issues in the Ethics of the Commons: Introduction to the Special Issue," Journal of Business Ethics, Springer, vol. 166(4), pages 659-672, November.
    4. Maas, Alexander & Watson, Philip, 2018. "Enthusiasm curbed: Home value implications of curbside parking rights," Land Use Policy, Elsevier, vol. 77(C), pages 705-711.
    5. Guo, Zhan & McDonnell, Simon, 2013. "Curb parking pricing for local residents: An exploration in New York City based on willingness to pay," Transport Policy, Elsevier, vol. 30(C), pages 186-198.

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