How much are people willing to pay for silence? A contingent valuation study
AbstractDespite its major importance in the urban environment, the problem of noise has received little attention from environmental economists. In this paper the economic value of a noise reduction programme is evaluated. The chosen technique is contingent valuation using the recently proposed one and one-half bound question format. This new question format reduces the potential for response bias in multiple bound formats such as the double bound model while maintaining much of its efficiency. Through the estimations it is found that urban residents generally value noise negatively, that is, households are willing to pay for a noise reduction. In particular, it is found that households are willing to pay approximately four euros per decibel per year. A further finding is that interviewees show scope sensitivity; that is, households display a different willingness to pay for different degrees of noise reduction, most are willing to pay more for larger decreases in the level of disturbance from noise.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics.
Volume (Year): 37 (2005)
Issue (Month): 11 ()
Contact details of provider:
Web page: http://www.tandfonline.com/RAEC20
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Cameron Trudy Ann & Quiggin John, 1994.
"Estimation Using Contingent Valuation Data from a Dichotomous Choice with Follow-Up Questionnaire,"
Journal of Environmental Economics and Management,
Elsevier, vol. 27(3), pages 218-234, November.
- Trudy Ann Cameron & John Quiggin, 1992. "Estimation Using Contingent Valuation Data From a "Dichotomous Choice with Follow-Up" Questionnaire," UCLA Economics Working Papers 653, UCLA Department of Economics.
- Kahneman, Daniel & Knetsch, Jack L., 1992. "Valuing public goods: The purchase of moral satisfaction," Journal of Environmental Economics and Management, Elsevier, vol. 22(1), pages 57-70, January.
- Riccardo Scarpa & Kenneth Willis & Guy Garrod, 2001. "Estimating Benefits for Effective Enforcement of Speed Reduction from Dichotomous-Choice CV," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 20(4), pages 281-304, December.
- Guy D. Garrod & Riccardo Scarpa & Kenneth G. Willis, 2002. "Estimating the Benefits of Traffic Calming on Through Routes: A Choice Experiment Approach," Journal of Transport Economics and Policy, London School of Economics and University of Bath, vol. 36(2), pages 211-231, May.
- Joseph C. Cooper & Michael Hanemann & Giovanni Signorello, 2002.
"One-and-One-Half-Bound Dichotomous Choice Contingent Valuation,"
The Review of Economics and Statistics,
MIT Press, vol. 84(4), pages 742-750, November.
- Cooper, Joseph C. & Hanemann, W.M. & Signorello, Giovanni, 2002. "One and One-Half Bound Dichotomous Choice Contingent Valuation," MPRA Paper 17190, University Library of Munich, Germany, revised Nov 2002.
- Cooper, Joseph C. & Hanemann, W. Michael & Signorello, Giovanni, 2001. "One-and-one-half-bound dichotomous choice contingent valuation," CUDARE Working Paper Series 921, University of California at Berkeley, Department of Agricultural and Resource Economics and Policy.
- Cooper, Joseph C. & Hanemann, W. Michael & Signorello, Giovanni, 2001. "One-and-One-Half Bound Dichotomous Choice Contingent Valuation," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt09c663b2, Department of Agricultural & Resource Economics, UC Berkeley.
- O'Byrne, Patricia Habuda & Nelson, Jon P. & Seneca, Joseph J., 1985. "Housing values, census estimates, disequilibrium, and the environmental cost of airport noise: A case study of Atlanta," Journal of Environmental Economics and Management, Elsevier, vol. 12(2), pages 169-178, June.
- Carson, R.T. & Mitchell, R.C. & Hanemann, W.M. & Kopp, R.J. & Presser, S. & Ruud, P.A., 1992. "A Contingent Valuation Study of Lost Passive Use Values Resulting From the Exxon Valdez Oil Spill," MPRA Paper 6984, University Library of Munich, Germany.
- Kanninen Barbara J., 1995. "Bias in Discrete Response Contingent Valuation," Journal of Environmental Economics and Management, Elsevier, vol. 28(1), pages 114-125, January.
- Roi Durán & María Xosé Vázquez Rodríguez, 2009. "Efectos sociales de la contaminación acústica. Una aplicación de valoración al transporte ferroviario," Hacienda Pública Española, IEF, vol. 191(4), pages 27-42, December.
- Carlsson, Fredrik & Lampi, Elina & Martinsson, Peter, 2004.
"Measuring marginal values of noise disturbance from air traffic: Does the time of the day matter?,"
Working Papers in Economics
125, University of Gothenburg, Department of Economics.
- Carlsson, Fredrik & Lampi, Elina & Martinsson, Peter, 2004. "Measuring marginal values of noise disturbance from air traffic: Does the time of the day matter?," UmeÃ¥ Economic Studies 627, Umeå University, Department of Economics.
- Marjainé, Szerényi Zsuzsanna & Harangozó, Gábor, 2014.
"Mennyit ér a zajterhelés csökkenése?. Zajvédelmi intézkedések értékelése a haszonértékelések átvitelével
[The value of silence. An application of benefit-transfer methodology for eva," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 68-91.
- Sotirios Thanos & Mark Wardman & Abigail Bristow, 2011. "Valuing Aircraft Noise: Stated Choice Experiments Reflecting Inter-Temporal Noise Changes from Airport Relocation," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 50(4), pages 559-583, December.
- Tiziana Cuccia & Roberto Cellini, 2007. "Is cultural heritage really important for tourists? A contingent rating study," Applied Economics, Taylor & Francis Journals, vol. 39(2), pages 261-271.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.