{"id":13305,"date":"2015-11-18T09:00:19","date_gmt":"2015-11-18T14:00:19","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=13305"},"modified":"2015-11-18T09:37:32","modified_gmt":"2015-11-18T14:37:32","slug":"surge-pricing-for-parking","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2015\/surge-pricing-for-parking\/","title":{"rendered":"Surge Pricing For Parking"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2015\/11\/111815_1431_SurgePricin1.jpg\" alt=\"\" width=\"641\" height=\"427\" \/><\/p>\n<p>Faiz Siddiqui wrote about experiments in surge pricing for parking spots:<\/p>\n<ul>\n<li>In D.C. its estimated that 25% of downtown traffic congestion is merely due to drivers circling the block looking for parking \u2013 a classic case of demand outstripping supply.<\/li>\n<li>Demand based dynamic pricing, which could prices to go up to $8 an hour or more in the future, is expected to help reduce traffic.<\/li>\n<li>Critics say that this is a revenue raising measure which will increasingly price poor people out of certain areas of the city.<\/li>\n<li>However, when a similar program was run in San Francisco it was found that while in 31% of cases parking prices increased, on average they declined by 4% as prices plummeted during periods of low demand.<\/li>\n<li>In Los Angeles congestion decreased by 10% and average parking prices were lower at 60% of parking spots.<\/li>\n<li>Parking spots in the D.C. pilot are being fitted with sensors so that in the future it may be possible to track your car through an app.<\/li>\n<li>The aim is to have at least one open space on every block, although the cost of that last spot could be eye-watering.<\/li>\n<\/ul>\n<p>Read more about the experiment, its supporters, and its critics <a href=\"https:\/\/www.washingtonpost.com\/local\/trafficandcommuting\/youve-heard-about-surge-pricing-get-ready-for-surge-priced-parking\/2015\/11\/07\/4ff53f80-83ef-11e5-8ba6-cec48b74b2a7_story.html?hpid=hp_local-news_surgepricing-755pm%3Ahomepage%2Fstory\">here<\/a>.<\/p>\n<p>Source: <a href=\"https:\/\/www.washingtonpost.com\/local\/trafficandcommuting\/youve-heard-about-surge-pricing-get-ready-for-surge-priced-parking\/2015\/11\/07\/4ff53f80-83ef-11e5-8ba6-cec48b74b2a7_story.html?hpid=hp_local-news_surgepricing-755pm%3Ahomepage%2Fstory\">The Washington Post<\/a><\/p>\n<p>Via: <a href=\"http:\/\/marginalrevolution.com\/marginalrevolution\/2015\/11\/sunday-assorted-links-35.html\">Marginal Revolution<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Faiz Siddiqui wrote about experiments in surge pricing for parking spots: In D.C. its estimated that 25% of downtown traffic congestion is merely due to drivers circling the block looking for parking \u2013 a classic case of demand outstripping supply. Demand based dynamic pricing, which could prices to go up to $8 an hour or [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13304,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"https:\/\/www.Centives.net\/S\/wp-content\/uploads\/2015\/11\/111815_1431_SurgePricin1.jpg","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/13305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=13305"}],"version-history":[{"count":3,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/13305\/revisions"}],"predecessor-version":[{"id":13308,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/13305\/revisions\/13308"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/13304"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=13305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=13305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=13305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}