Parking

4/20/2010: Dave Martinez and Alex Tomchak Scott have an excellent article in the Daily Emerald today about parking. Takeaway is that UO raised the student parking fee from $125 to $300 and the quantity demanded fell from 4000 to 1000. I’m no economist, but I think they call that elastic, meaning that total revenue a) rose or b) fell?

It’s the first in a 3 part series. In the next story they will address how UO will pay for the parking garage we had to build for the new arena. My guess is that the athletic side will not be paying for it. But of course athletics breaks even, right?

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