The economics of parking occupancy sensors

Zakharenko, R. (2019) The economics of parking occupancy sensors. Economics of Transportation, 17, pp. 14-23. (doi: 10.1016/j.ecotra.2018.11.001)

Full text not currently available from Enlighten.


Parking occupancy sensors are devices that assist search of vacant parking. The interplay between two government policies, installation of sensors and pricing parking, is studied. When parking is congested and the uniform price is optimal, installation of sensors raises the price, increases turnover of parking. If price discrimination is considered, sensored parking should be cheaper than non-sensored. To achieve optimal search of vacant parking, it is sufficient to equip only a fraction of parking with sensors. Underpriced parking may dampen the sensor installation incentive, relative to the incentive to build extra parking. Nevertheless, in absolute terms the sensor installation incentive is substantial even with free parking.

Item Type:Articles
Glasgow Author(s) Enlighten ID:Zakharenko, Dr Roman
Authors: Zakharenko, R.
College/School:College of Social Sciences > Adam Smith Business School > Economics
Journal Name:Economics of Transportation
ISSN (Online):2212-0130
Published Online:11 December 2018

University Staff: Request a correction | Enlighten Editors: Update this record