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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 … around Amsterdam Airport as the sum of hedonic price differentials and a residual cost component. The residual costs are …
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This paper explores the effect of airline emissions charges on airfares, airline service quality, aircraft design … load factors, and raise aircraft fuel efficiency, while having no effect on aircraft size. Given that these adjustments …
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This paper provides the first analysis of the trade-off between convenient flight connections and airport congestion. A …
Persistent link: https://www.econbiz.de/10011334230
theory says that the congestion tolls levied on the various airlines at a particular airport should generally be different …The likely resurgence of air traffic in the U.S. means that airport congestion is a problem that must soon be … imposed at selected U.S. airports in the relatively near future. The theory developed in this paper, which extends the results …
Persistent link: https://www.econbiz.de/10011410457
We use a public referendum on a new air traffic concept in Berlin, Germany as a natural experiment to analyze how the interaction of tenure and capitalization effects shapes the outcome of direct democracy processes. We distinguish between homevoters, i.e., voters who are homeowners, and...
Persistent link: https://www.econbiz.de/10009764375
We introduce a "smart" cap and trade system that eliminates the welfare costs of asymmetric information (“uncertainty”). This cap responds endogenously to technology or macroeconomic shocks, relying on the market price of certificates to aggregate information. It allows policy makers to...
Persistent link: https://www.econbiz.de/10012438358
We examine an open economy's strategy to reduce its carbon emissions by replacing its consumption of coal - very carbon intensive - with gas - less so. Unlike the standard theoretical approach to carbon leakage, we show that unilateral CO2 reduction policies generate a higher leakage rate in the...
Persistent link: https://www.econbiz.de/10012294568