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Costing the traffic barrier effect: A contingent valuation survey

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Author Info
Nils Soguel

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Abstract

When considering the environmental damage caused by road traffic, one traditionally focuses attention on the consequences of accidents, or on the impact of air and noise pollution. This somewhat narrow definition should be enlarged to capture other, more psychological nuisances. The barrier effect created by heavily travelled streets belongs to this group of nuisances, rarely described and never estimated in monetary terms. It particularly affects children, the disabled and elderly people for whom the street becomes too large to cross. In a survey carried out at Neuchâtel, Switzerland, a contingent market was proposed to suppress the barrier effect around the city centre. A valuation function to predict the bids is estimated and used to infer the annual cost of the nuisance. Copyright Kluwer Academic Publishers 1995

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File URL: http://hdl.handle.net/10.1007/BF00705983
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Publisher Info
Article provided by European Association of Environmental and Resource Economists in its journal Environmental & Resource Economics.

Volume (Year): 6 (1995)
Issue (Month): 3 (October)
Pages: 301-308
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Handle: RePEc:kap:enreec:v:6:y:1995:i:3:p:301-308

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Web page: http://www.springerlink.com/link.asp?id=100263

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Related research
Keywords: Contingent valuation; barrier effect; road traffic nuisance;

References listed on IDEAS
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  1. Carson, Richard T. & Hanemann, W. Michael, 2006. "Contingent Valuation," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 2, chapter 17, pages 821-936 Elsevier. [Downloadable!] (restricted)
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This page was last updated on 2009-12-4.

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