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Even though economic models have been relatively successful in explaining the long run patterns of house prices, they have more difficulties in explaining short run developments of the housing markets. However, the fact that during such ‘bubbles’ the spatial pattern of house prices, which...
Persistent link: https://www.econbiz.de/10011372973
This short paper is a comment on ``Testing for Nonlinear Structure and Chaos in Economic Time Series'' by Catherine Kyrtsou and Apostolos Serletis. We summarize their main results and discuss some of their conclusions concerning the role of outliers and noisy chaos. In particular, we include...
Persistent link: https://www.econbiz.de/10011349217
causes all sorts of negative externalities, for example traffic noise disturbance. These externalities call for corrective … prices in order to quantify the social cost of aircraft noise disturbance in monetary terms. While focusing on aircraft noise … background noise. We do this by taking multiple sources of traffic noise (i.e. road, railway and aircraft noise) into account …
Persistent link: https://www.econbiz.de/10011376616
performance. Measured performance equals actual performance plus noise. We compare a stable environment where the noise is small … with a volatile environment where the noise is large. Subjects exert significantly more effort in the volatile environment …
Persistent link: https://www.econbiz.de/10011376648
the external effect. Our second objective is to assess, with this method, to what extent noise nuisance effects around … scheme depends on, among other things, the objective noise level,income and the presence of noise insulation. The results are …
Persistent link: https://www.econbiz.de/10011302607
We assess the monetary value of the noise damage, caused by aircraft noise nuisance around Amsterdam Airport, as the … depends on, among other things, the objective noise level, income, the degree to which prices account for noise differences …, and the presence of noise insulation. …
Persistent link: https://www.econbiz.de/10011334840
subjected in varying intensity to the external effect. Oursecond objective is to assess, with this method, to what extent noise …. Such a compensation scheme depends on, among other things, the objective noiselevel, income and the presence of noise …
Persistent link: https://www.econbiz.de/10011313927
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