Parking policy with heterogeneous agents

Graduate Thesis Or Dissertation

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Citeable URL: https://ir.library.oregonstate.edu/concern/graduate_thesis_or_dissertations/2z10ws72k

Descriptions

Attribute Name	Values
Creator	Spratt, Jake
Abstract	This paper investigates the potential welfare gains resulting from variable parking fees in the presence of heterogeneous agents. We begin by defining a modified linear city model with two lots located at separate distances from a central business district, and two types of agents with heterogeneous values of time. Agents maximize utility by minimizing transit costs, which include parameters dependent and independent of value of time. Simulation is used to model how various specifications affect the average travel costs, focusing on contrast between uniform pricing and variable pricing. We conclude by discussing the conditions which create a net welfare gain in light of a pricing gradient.
Resource Type	Masters Thesis
Date Available	2007-10-03T22:18:34+00:00
Date Issued	2007-08-07
Degree Level	Master's
Degree Name	Master of Science (M.S.)
Degree Field	Economics
Degree Grantor	Oregon State University
Commencement Year	2008
Advisor	McGough, Bruce
Committee Member	McMullen, B. Starr Emerson, Patrick
Academic Affiliation	Economics
Non-Academic Affiliation	Oregon State University. Graduate School
Subject	Automobile parking -- Economic aspects -- Mathematical models
Rights Statement	In Copyright
Publisher	Oregon State University
Peer Reviewed	No
Language	English [eng]
File Format	application/pdf
File Extent	229704 bytes
Replaces	http://hdl.handle.net/1957/6622

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