Taste diversity drives parking choices, reshaping urban travel policies.
Parking policy is crucial for managing travel demand. A study analyzed parking behavior in UK city centers using a special dataset. The study used a model that considers different tastes among travelers and found that taste differences greatly influence parking choices. Factors like access time, search time, and potential fines for illegal parking also play a role. The study showed that people are willing to pay more for time savings in parking. Different purposes for journeys and locations also affect parking behavior. The study's findings provide valuable insights for improving parking policies.