The economics of airport noise: how to manage markets for noise licenses
AbstractNoise-induced pollution constitutes a hot and topical societal problem for all major airports. This paper discusses various issues in the implementation of a market for noise licenses as a solution to solve the noise externality between the residents located around airports and the aircrafts moving in and to airports.
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Bibliographic InfoPaper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 2010086.
Date of creation: 01 Dec 2010
Date of revision:
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More information through EDIRC
airport; environment; noise; licenses;
Other versions of this item:
- BRECHET, Thierry & PICARD, Pierre M., . "The economics of airport noise: How to manage markets for noise licenses," CORE Discussion Papers RP -2427, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
- R4 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Systems
- D4 - Microeconomics - - Market Structure and Pricing
- D6 - Microeconomics - - Welfare Economics
- D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy-Making and Implementation
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- L5 - Industrial Organization - - Regulation and Industrial Policy
- L93 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Air Transportation
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-02-12 (All new papers)
- NEP-ENV-2011-02-12 (Environmental Economics)
- NEP-REG-2011-02-12 (Regulation)
- NEP-URE-2011-02-12 (Urban & Real Estate Economics)
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.:
- Thierry Brechet & Pierre M. Picard, 2008.
"The Price of Silence: Markets for Noise Licenses and Airports,"
CREA Discussion Paper Series
08-08, Center for Research in Economic Analysis, University of Luxembourg.
- Thierry Bréchet & Pierre M. Picard, 2010. "The Price Of Silence: Markets For Noise Licenses And Airports," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 51(4), pages 1097-1125, November.
- BRECHET, Thierry & PICARD, Pierre M., . "The price of silence: markets for noise licenses and airports," CORE Discussion Papers RP -2270, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Bernard M. S. van Praag & Barbara E. Baarsma, 2005.
"Using Happiness Surveys to Value Intangibles: The Case of Airport Noise,"
Royal Economic Society, vol. 115(500), pages 224-246, 01.
- van Praag, Bernard M. S. & Baarsma, Barbara E., 2004. "Using Happiness Surveys to Value Intangibles: The Case of Airport Noise," IZA Discussion Papers 1096, Institute for the Study of Labor (IZA).
- Bernard M.S. van Praag & Barbara E. Baarsma, 2004. "Using Happiness Surveys to Value Intangibles: The Case of Airport Noise," CESifo Working Paper Series 1163, CESifo Group Munich.
- Bernard M.S. van Praag & B.E. Baarsma, 2004. "Using Happiness Surveys to value Intangibles; the Case of Airport Noise," Tinbergen Institute Discussion Papers 04-024/3, Tinbergen Institute.
- Jon P. Nelson, 2004. "Meta-Analysis of Airport Noise and Hedonic Property Values," Journal of Transport Economics and Policy, London School of Economics and University of Bath, vol. 38(1), pages 1-27, January.
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