Praag, Bernard M. S. van; Baarsma, Barbara E. - Institute for the Study of Labor (IZA) - 2004
Inhabitants of houses near Amsterdam Airport are complaining of noise nuisance, caused by aircraft traffic. The usual … to assess the intangible damage. We assess the monetary value of the noise damage, caused by aircraft noise nuisance … compensation scheme depends on, among other things, the objective noise level, income, the degree to which prices account for noise …