出版社:The Editorial Committee of the Interdisciplinary Information Sciences
摘要:Instead of exogenous price of private parking in Merriman’s (1997) model, this supplement generates a more realistic result with an endogenous price of non-university parking. The spillover effect under a flexible price of private parking would be more serious than that of perfect elastic supply of private parking. In other words, Merriman may underestimate the spillover effect of a subsidized-parking policy.