Your firm has just been hired by State University to examine the parking problem on its urban campus. You decide to conduct a full-cycle policy analysis, from verifying that a problem exists, through specifying evaluation criteria and reasonable alternatives, to conducting an evaluation of the alternatives that you have selected as most reasonable. All of the basic information you need to conduct your analysis is provided in this case. Suggested additional reading material is listed at the end of the case, which provides an overview of parking pricing and supply control theory, methods, and applications. There are five key constituencies on campus that must be reasonably well satisfied with any solution you propose. These include: 4,000 resident students, 8,000 commuter students, 2,400 staff, 1,600 faculty, and the adjacent neighborhoods that are concerned about spillover parking on residential streets.

Question: What solution could include short-range pricing strategies and long-range investment strategies to deal with key parking and transportation issues you identify?

What proposed solution is constrained, in that the overall parking and transportation budget must be balanced on an annual basis, regardless of the specifics of who pays how much for which services in any given year?