Jan K. Brueckner () (Department of Economics, University of California-Irvine) Raquel Girvin () (Transporation Sciences, University of California-Irvine)
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This paper explores the impact of airport noise regulation on airline service quality and airfares. It also characterizes the socially optimal stringency of noise limits, taking both noise damage and the various costs borne by airlines and their passengers into account. The analysis also investigates the effect of noise taxes, as well as the optimal level level of such taxes. Along with the companion paper by Girvin (2006a), this work represents the first complete theoretical investigation into the economics of airport noise regulation using a model where the interests of the key relevant stakeholders are captured.
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Paper provided by University of California-Irvine, Department of Economics in its series Working Papers with number
060706.
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