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Measuring marginal values of noise disturbance from air traffic: Does the time of the day matter?

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Author Info

  • Carlsson, Fredrik

    ()
    (Department of Economics, Gothenburg University, Box 640, SE 40530 Gothenburg, Sweden)

  • Lampi, Elina

    ()
    (Department of Economics, Umeå University)

  • Martinsson, Peter

    ()
    (Department of Economics, Gothenburg University, Box 640, SE 40530 Gothenburg, Sweden)

Abstract

This paper analyzes the marginal willingness to pay for changes in noise levels related to changes in the volume of flight movements at a city airport in Stockholm, Sweden,by using a choice experiment. When estimating marginal willingness to pay for different times of the day and days of the week, we find that these vary with the temporal dimensions: mornings and evenings have higher marginal values. Interestingly, a substantial proportion of the respondents prefer no changes in the current noise level. The paper concludes with a policy discussion related to incentivebased pricing.

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Bibliographic Info

Paper provided by Umeå University, Department of Economics in its series Umeå Economic Studies with number 627.

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Length: 20 pages
Date of creation: 01 Mar 2004
Date of revision:
Handle: RePEc:hhs:umnees:0627

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Postal: Department of Economics, Umeå University, S-901 87 Umeå, Sweden
Phone: 090 - 786 61 42
Fax: 090 - 77 23 02
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Web page: http://www.econ.umu.se/
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Keywords: Choice experiment; discrete choice; noise; airport;

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References

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  1. Bernard M.S. van Praag & B.E. Baarsma, 2001. "The Shadow Price of Aircraft Noise Nuisance," Tinbergen Institute Discussion Papers 01-010/3, Tinbergen Institute.
  2. Bengt Kristr�m, 1997. "Spike Models in Contingent Valuation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(3), pages 1013-1023.
  3. Jesus Barreiro & Mercedes Sanchez & Montserrat Viladrich-Grau, 2005. "How much are people willing to pay for silence? A contingent valuation study," Applied Economics, Taylor & Francis Journals, vol. 37(11), pages 1233-1246.
  4. F Alpizar & F Carlsson & P Martinsson, 2003. "Using Choice Experiments for Non-Market Valuation," Economic Issues Journal Articles, Economic Issues, vol. 8(1), pages 83-110, March.
  5. Kahneman, Daniel & Knetsch, Jack L & Thaler, Richard H, 1990. "Experimental Tests of the Endowment Effect and the Coase Theorem," Journal of Political Economy, University of Chicago Press, vol. 98(6), pages 1325-48, December.
  6. Louviere,Jordan J. & Hensher,David A. & Swait,Joffre D., 2000. "Stated Choice Methods," Cambridge Books, Cambridge University Press, number 9780521788304, April.
  7. Kenneth Train, 2003. "Discrete Choice Methods with Simulation," Online economics textbooks, SUNY-Oswego, Department of Economics, number emetr2, Spring.
  8. Horowitz, John K. & McConnell, Kenneth E., 2002. "A Review of WTA/WTP Studies," Journal of Environmental Economics and Management, Elsevier, vol. 44(3), pages 426-447, November.
  9. Bernard M.S. van Praag & B.E. Baarsma, 2000. "The Shadow Price of Aircraft Noise Nuisance," Tinbergen Institute Discussion Papers 00-004/3, Tinbergen Institute.
  10. Kenneth E. Train, 1998. "Recreation Demand Models with Taste Differences over People," Land Economics, University of Wisconsin Press, vol. 74(2), pages 230-239.
  11. Kahneman, Daniel & Ritov, Ilana & Schkade, David A, 1999. "Economic Preferences or Attitude Expressions?: An Analysis of Dollar Responses to Public Issues," Journal of Risk and Uncertainty, Springer, vol. 19(1-3), pages 203-35, December.
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Cited by:
  1. Greaves, Stephen & Collins, Andrew, 2007. "Disaggregate spatio-temporal assessments of population exposure to aircraft noise," Journal of Air Transport Management, Elsevier, vol. 13(6), pages 338-347.
  2. Andersson, Henrik & Ögren, Mikael, 2007. "Noise Charges in Road Traffic: A Pricing Schedule Based on the Marginal Cost Principle," Working Papers 2007:15, Swedish National Road & Transport Research Institute (VTI), revised 17 Jun 2009.
  3. Andersson, Henrik & Ögren, Mikael, 2007. "Noise charges in railway infrastructure: A pricing schedule based on the marginal cost principle," Transport Policy, Elsevier, vol. 14(3), pages 204-213, May.
  4. Volker Nitsch, 2009. "Fly or Cry: Is Airport Noise Costly?," CESifo Working Paper Series 2732, CESifo Group Munich.
  5. 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.

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