Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10010390065
The relocation of Athens Airport provided a rare experimental context in which residents experienced significant changes in noise levels due to the introduction or removal of aircraft noise. This paper reports the results from surveys around both airport locations, using stated choice...
Persistent link: https://www.econbiz.de/10012912941
Incorporating spatial econometric tools in Hedonic Pricing (HP) models for environmental valuation has become the standard approach in the literature. The effect of house prices on other house prices is taken into account and usually measured by distance or contiguity in spatial weight matrices....
Persistent link: https://www.econbiz.de/10012912942
The aim of this paper is to report new evidence relating to residents’ valuations of aircraft noise in three countries with an emphasis on a comparison of the valuations obtained using two contrasting approaches. One might be regarded as a standard stated choice approach offering pairwise...
Persistent link: https://www.econbiz.de/10009461211
Persistent link: https://www.econbiz.de/10010507071
This paper explores the sorting process in response to differing levels of aviation noise exposure in a housing market. Spatiotemporal Hedonic Pricing (HP) and Stated Choice (SC) results reflect nonlinearities and stigma. The HP models reveal nonlinear noise depreciation increasing from 0.40 to...
Persistent link: https://www.econbiz.de/10014257288