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6min chapter
Parking Lots, Transaction Costs of the Price Mechanism, and the Pork Pie Fedora Rogue
The Answer Is Transaction Costs
Intro
This chapter delves into the contrasting behaviors observed in two municipal parking lots at Wrightsville Beach, highlighting the impact of demand on user experiences. Through concepts like transaction costs, surge pricing, and allocation strategies, it underscores how size and design influence parking dynamics during peak times.
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AI-powered
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode