English

A trial beginning this month in Amsterdam will test negotiable parking rights: the price of a parking space will come to depend on the ‘market’.

Conducted by the Vrije University of Amsterdam (VU), 500 motorists from Rotterdam are set to take part. A so-called “lab-in-the-field” experiment, the trading behaviour of participants will be tested in a virtual environment.

Each participant receives a stipulated parking budget and a number of parking permits which they then use to decide how the parking spaces are allocated.