SFPark, the federally supported performance parking program, has been active since 2010, adjusting prices at parking meters around the city to try to influence drivers' behavior. So far, the effect has been less than anticipated:
According to Perkins, "This performance parking experiment is demonstrating that on high-demand blocks, drivers are very insensitive to price increases. The experiment is also showing that parking demand is highly localized, with price differences of as much as 100% continuing even through two adjustment cycles."
Comments
Article's title of
Article's title of 'responsive' is a better fit than 'successful'. Anyhow, the basic framework I think is successful as it de-politicizes the price adjustment. The problem, as many commenters on the article point out, may be only one of information--making drivers aware that there are cheaper options just a block or two away.