We assess the monetary value of the noise damage, caused by aircraft noise nuisance around Amsterdam Airport, as the sum of hedonic house price differentials and a residual cost component. The residual costs are assessed from a survey, including an ordinal life satisfaction scale, on which...

This paper discusses a novel approach to elicit people s preferences for public goods, namely the life satisfaction approach. Reported subjective well-being data are used to directly evaluate utility consequences of public goods. The strengths of this approach are compared to traditional...

In der politischen Diskussion werden für den Erhalt der biologischen Vielfalt in der Regel ökonomische Argumente vorgebracht: Biodiversität sollte als ökonomisches Gut betrachtet werden. Dem Rückgang der Vielfalt sei entgegenzutreten, indem man die Auswirkungen menschlicher Aktivitäten auf...