Swärdh, Jan-Erik; Andersson, Henrik; Jonsson, Lina; … - CTS - Centre for Transport Studies Stockholm (KTH and VTI) - 2012
In this study we estimate the demand for peace and quiet, and thus also the willingness to pay for railway noise abatement, based on both steps of the hedonic model regression on property prices. The estimated demand relationship suggests welfare gains for a 1 dB reduction of railway noise as;...