The shadow price of aircraft noise nuisance

B. M. S. van Praag; B. E. Baarsma

This paper has a twofold objective. First, we develop a new method to assess the monetary valuefor individuals of external effects. The method makes use of an ordinal index of life satisfaction asscored by individual respondents who are subjected in varying intensity to the external effect. Oursecond objective is to assess, with this method, to what extent noise nuisance effects aroundAmsterdam Airport Schiphol are internalized and what should be the monetary compensation forthe nuisance. Such a compensation scheme depends on, among other things, the objective noiselevel, income and the presence of noise insulation.

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Year of publication:	2001
Authors:	Praag, Bernard M. S. van ; Baarsma, Barbara
Publisher:	Rotterdam [u.a.] : Tinbergen Inst.
Subject:	Theorie \| Theory \| Opportunitätskosten \| Opportunity cost \| Luftverkehr \| Air transport \| Lärm \| Noise

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Extent:	Online-Ressource (39 S.)
Series:	Discussion paper / Tinbergen Institute. - Rotterdam [u.a.] : [Verlag nicht ermittelbar], ISSN 0929-0834, ZDB-ID 2435783-2. - Vol. 2001,010
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/85838 [Handle]
Classification:	D62 - Externalities ; D61 - Allocative Efficiency; Cost-Benefit Analysis ; H23 - Externalities; Redistributive Effects ; Environmental Taxes and Subsidies ; L93 - Air Transportation ; C25 - Discrete Regression and Qualitative Choice Models
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011313927